Agency
Nebraska law allows a salesperson to sign a listing agreement on behalf of their broker if:
AThe salesperson has been licensed for more than 5 years
BThe broker has specifically authorized the salesperson to do so✓ Correct
CThe seller requests it
DThe property is being listed below market value
Explanation
A salesperson may sign a listing agreement on behalf of the broker only if the broker has specifically and explicitly authorized this action. The agreement is the broker's contract, not the salesperson's.
Related Nebraska Agency Questions
- The duty a buyer's agent owes to the seller in a transaction is:
- An agent's duty to keep client funds separate (accounting duty) means the agent must NOT:
- Under Nebraska law, a transaction broker (facilitator) owes parties in a transaction:
- The most common type of listing agreement in Nebraska that provides maximum broker protection is:
- A Nebraska buyer's agent who neglects to advise their buyer about a defect visible during a showing may be liable for:
- An agent's duty of care requires them to:
- A Nebraska agent's duty to their client survives the termination of the agency agreement with respect to:
- A 'procuring cause' dispute in Nebraska arises when:
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