Free Nebraska Real Estate Salesperson Licensing Examination — State-Specific Portion Practice Questions
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Sample Practice Questions
Try these 10 sample questions from the Nebraska Real Estate Salesperson Licensing Examination — State-Specific Portion practice bank. Each includes the answer and explanation. Continue with the interactive practice above to review the full question set.
1A Nebraska applicant satisfies all statutory qualifications for a salesperson license. Which body has authority to issue the license?
- A. Nebraska Real Estate Commission
- B. Nebraska Equal Opportunity Commission
- C. Nebraska Real Property Appraiser Board
- D. Nebraska Department of Banking and Finance
2How old must an individual ordinarily be to qualify for an original Nebraska real estate salesperson license?
3A salesperson knowingly advertises a property's square footage inaccurately in a material way. How does Nebraska law classify the conduct?
- A. A harmless estimate whenever a range is shown
- B. A disclosure issue only after a buyer contracts
- C. An unfair trade practice based on misleading advertising
- D. Permitted advertising if the seller supplied the figure
4At the earliest practicable opportunity during first substantial contact with a prospective buyer, what must a licensee provide?
- A. The Commission's agency-relationships pamphlet
- B. A proposed written brokerage agreement
- C. A property-condition disclosure statement
- D. A preliminary closing statement
Answer: A
Explanation: Section 76-2421 requires the licensee to “Provide that person with a written copy of the current brokerage disclosure pamphlet.” It is due at the earliest practicable opportunity during or after first substantial contact.
Reference: Nebraska Legislature — Neb. Rev. Stat. § 76-2421(1)
5A subdivider plans to offer Nebraska subdivision lots before applying for the required certificate. Which statement is correct?
- A. The application may follow the first accepted offer
- B. The certificate application must precede the offering
- C. The application is due only before the first closing
- D. A county plat approval substitutes for the certificate
6The Nebraska Real Estate Commission needs detailed standards to administer the License Act. Which action is within its general statutory power?
- A. Approve county assessment valuations
- B. Adopt rules for administering the Act
- C. Rewrite statutory license qualifications
- D. Issue binding judicial title opinions
Answer: B
Explanation: Section 81-885.07(5) says, “The commission may adopt and promulgate rules and regulations relating to the administration of but not inconsistent with the act.” It may adopt administrative rules, but not amend the Act.
Reference: Nebraska Legislature — Neb. Rev. Stat. § 81-885.07(5)
7An applicant is completing Nebraska's prelicense education for a salesperson license. How many approved class hours are required?
- A. 60 hours
- B. 75 hours
- C. 90 hours
- D. 120 hours
8A salesperson places an individual advertisement for brokerage services. How must the employing broker's name appear?
- A. Adjacent, but it may be substantially smaller
- B. Adjacent and similar or greater in size and visibility
- C. Anywhere in the advertisement in any readable size
- D. Only on a linked brokerage profile
9Before performing brokerage activities with an unrepresented customer, what relationship information must the licensee disclose?
- A. Whether the licensee will share compensation
- B. Whether the property is already subject to an offer
- C. Whether the customer must retain another broker
- D. Whom the licensee represents, in writing
10A subdivider uses advertising in Nebraska to promote subdivided land. Which identification must the advertisement contain?
- A. The designated Nebraska broker's name and address
- B. The subdivider's name without any broker identification
- C. The individual salesperson's name and license number only
- D. The subdivision owner's name and recording information only
Topics in this practice bank
These topics describe the available practice for Nebraska Real Estate Salesperson Licensing Examination — State-Specific Portion. Review the examination outline and its sources for scope and allocation details.
I. DUTIES AND POWERS OF THE REAL ESTATE COMMISSION (5 ITEMS)
- A. General powers of the Nebraska Real Estate Real Commission (NREC)
- B. Investigations, complaints, and hearings
- C. Disciplinary action
- C. Disciplinary action — 1. License suspension, revocation, and probation
- C. Disciplinary action — 2. Fines and sanctions
II. LICENSING (7–8 ITEMS)
- A. Licensing requirements
- B. Activities requiring a real estate license
- B. Activities requiring a real estate license — 1. Sales
- B. Activities requiring a real estate license — 2. Auctions
- B. Activities requiring a real estate license — 3. Property management
- C. Exemptions to real estate licensure
- D. Unlicensed assistants
- E. License required to appraise
- F. Nonresident license reciprocal agreements
- G. Handling of licenses
- G. Handling of licenses — 1. License transfer
- G. Handling of licenses — 2. License renewal
- G. Handling of licenses — 3. Branch office
- H. Errors and omissions insurance
III. STATUTORY REQUIREMENTS GOVERNING THE ACTIVITIES OF LICENSEES (15 ITEMS)
- A. Advertising
- B. Designated broker/associate broker/salesperson relationships
- C. Broker supervision
- C. Broker supervision — 1. Teams
- D. Commissions and compensation
- E. Funds of others/72-hour rule
- F. Offering inducements
- G. Unauthorized practice of law
- H. Illegal acts
- I. Trust accounts
- J. Record keeping
IV. AGENCY (17–18 ITEMS)
- A. Licensee duties
- B. Required property disclosures
- C. Cooperative transactions
- D. Disclosure of a conflict of interest
- E. Preparation and handling of offers and other documents
- F. Listings
- G. Closings
V. ADDITIONAL TOPICS (5 ITEMS)
- A. Subdivided and out-of-state land sales
- B. Nebraska Fair Housing Law
- C. Equitable interest
How to use these free practice questions
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These are independent study questions, not actual examination items. For examination requirements and official information, view Nebraska Real Estate Salesperson Licensing Examination — State-Specific Portion details.