Nebraska License Law
Nebraska's license law prohibits 'secret profits,' meaning a licensee may not:
AEarn a commission on their own listing
BBenefit financially from a transaction beyond disclosed compensation without the principal's knowledge and consent✓ Correct
CAccept commission from both buyer and seller with disclosure
DWork with multiple buyers simultaneously
Explanation
Secret profits are undisclosed financial benefits gained by a licensee from a transaction at the client's expense — such as kickbacks or undisclosed markups. All compensation must be disclosed and consented to.
Related Nebraska Nebraska License Law Questions
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