Nebraska License Law
The Nebraska Real Estate Commission may discipline a licensee for:
ARefusing to list a property below market value
BFailing to disclose a known material defect to a buyer✓ Correct
CCharging a commission rate higher than the market average
DRepresenting a buyer and seller in different transactions simultaneously
Explanation
Failing to disclose known material defects is a violation of Nebraska real estate law and subjects the licensee to disciplinary action by the Nebraska Real Estate Commission.
Related Nebraska Nebraska License Law Questions
- Which of the following individuals is EXEMPT from Nebraska real estate licensing requirements?
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