Agency
In Nebraska, 'informed consent' to dual agency requires:
AVerbal agreement from both parties before closing
BWritten disclosure and written consent from both buyer and seller✓ Correct
CNotification to the Nebraska Real Estate Commission
DOnly the buyer's written consent
Explanation
Nebraska requires written disclosure of dual agency and written consent from both the buyer and the seller before a licensee may act as a dual agent.
Related Nebraska Agency Questions
- Ratification of an unauthorized act by an agent occurs when:
- Vicarious liability in Nebraska real estate means a broker may be responsible for:
- A Nebraska buyer's agent who neglects to advise their buyer about a defect visible during a showing may be liable for:
- In a Nebraska dual agency situation, which duty is most significantly modified?
- Under Nebraska law, when an agent acting for a buyer learns that the seller recently performed undisclosed repairs to the roof, the buyer's agent should:
- A Nebraska cooperating broker who assists a buyer in a sale where the listing is with another brokerage typically receives compensation through:
- Undisclosed dual agency is illegal because it:
- In Nebraska, an agent must disclose their agency relationship to other parties in a transaction:
Practice More Nebraska Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nebraska Quiz →