Nebraska License Law
A Nebraska licensee who is found guilty of fraud in a real estate transaction may face:
AOnly a $100 administrative fine
BLicense revocation, civil liability, and potentially criminal charges✓ Correct
CA 30-day mandatory continuing education course only
DAutomatic reinstatement after 2 years
Explanation
Fraud by a real estate licensee can result in severe consequences including license revocation by the NREC, civil lawsuits from harmed parties, and criminal prosecution depending on the severity of the conduct.
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