Nebraska License Law
Nebraska's real estate license law requires a salesperson to:
AHave their own professional liability insurance policy
BAct exclusively through and on behalf of their employing broker✓ Correct
CMaintain their own trust account
DDirectly collect and deposit earnest money
Explanation
A salesperson may only act through their employing broker. All activities — collecting earnest money, signing agreements, receiving compensation — must go through the broker.
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Key Terms to Know
Math Concepts
State-Specific Concepts
Trust Account RulesLicense Law
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