Contracts
A real estate contract is considered 'accepted' in Nebraska when:
AThe seller signs the listing agreement
BThe offeree signs and communicates acceptance to the offeror without any changes✓ Correct
CThe broker files the signed contract with the MLS
DThe earnest money is deposited
Explanation
Acceptance requires the offeree to agree to the offer's exact terms AND communicate that acceptance to the offeror. Any change to terms constitutes a counteroffer, not acceptance.
Related Nebraska Contracts Questions
- The earnest money in a Nebraska real estate transaction is deposited with:
- Which of the following is a valid way to terminate a listing agreement in Nebraska before its expiration date?
- A Nebraska real estate purchase agreement becomes void (not merely voidable) if:
- In Nebraska, the statute of frauds requires that a contract for the sale of real estate be:
- A purchase agreement is considered 'executory' when:
- Nebraska's Seller's Property Condition Disclosure Statement is required for:
- A real estate licensee who prepares a purchase agreement is NOT practicing law when they:
- Which of the following is NOT an essential element of a valid real estate contract in Nebraska?
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