Nebraska License Law
A Nebraska licensee receives an earnest money check for $5,000. The licensee must deposit it into their broker's trust account within:
A24 hours
B2 business days
C3 business days✓ Correct
D5 business days
Explanation
Nebraska requires trust fund deposits within 3 business days of receipt. Timely deposit is critical to compliance with NREC regulations and to protect all parties in the transaction.
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