Nebraska License Law
A Nebraska licensee assists a client in purchasing a property in which the licensee has an undisclosed personal financial interest. This is:
APermissible if the deal benefits the client
BA violation requiring disclosure of the licensee's interest to all parties✓ Correct
COnly a violation if the client suffers financial harm
DPermissible as long as the transaction is at fair market value
Explanation
Nebraska law requires licensees to disclose any personal interest they have in a transaction. Failure to disclose is a serious ethics violation and a potential grounds for license discipline regardless of whether harm resulted.
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