Contracts
In Nebraska, a lease agreement for more than one year must be:
AApproved by the NREC
BIn writing to be enforceable under the Statute of Frauds✓ Correct
CNotarized by a public notary
DRecorded in the county recorder's office
Explanation
Under the Statute of Frauds, a lease for more than one year must be in writing to be enforceable. Leases for one year or less may be oral in Nebraska.
Related Nebraska Contracts Questions
- Consideration for an option contract in Nebraska must be:
- A Nebraska purchase agreement contains a liquidated damages clause stating earnest money is the seller's sole remedy if the buyer defaults. If the buyer defaults, the seller can:
- A Nebraska real estate lease for more than one year must be in writing under:
- A Nebraska commercial lease that contains a 'rent escalation clause' provides for:
- Nebraska's Commercial Real Estate Broker Lien Act allows commercial real estate brokers to file a lien for unpaid commissions against:
- A Nebraska seller who provides false information on the SPCDS about a prior insurance claim for flooding:
- A Nebraska purchase agreement includes an integration clause. This means:
- A Nebraska purchase agreement requires the buyer to provide evidence of financing approval within 14 days. On day 15, the buyer has not provided the evidence. The seller may:
Practice More Nebraska Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nebraska Quiz →