Nebraska Real Estate Salesperson Exam Prep

Access a Real Nebraska Real Estate Salesperson Exam and Study Guide

For those who dream of becoming a real estate salesperson in the state of Nebraska, it will be necessary to pass the Nebraska real estate salesperson test. The salesperson exam is not quite as stringent as the broker’s exam. Nonetheless, each year only around 56 percent of those who take the exam pass it on the first try. Meanwhile, those who access our service have a 95 percent pass right.

That’s why we offer a money-back guarantee if you don’t pass.

How to Get a Real Estate License in Nebraska

The Nebraska Real Estate Commission requires all applicants to complete 60 hours of real estate education prior to taking the exam. Once you pass the Nebraska real estate examination, you will be able to obtain your license. We offer the best Nebraska real estate study guides — you are guaranteed to pass, or you will be issued a full refund.

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How Our System Delivers a 95 Percent Pass Rate

The Nebraska real estate salesperson exam is divided into seven parts. Each part tests an exclusive area in which Nebraska real estate salespeople must be proficient in. When you take our practice tests, we identify which areas you need to improve on. With our study materials and access to practice exams, you’ll have a good idea of where you stand in relation to the test.

In addition, each year new rules and regulations govern the sale of real estate in Nebraska. When that happens, questions will not be reflected on typical practice tests. In fact, some of that information will be outdated. We hire industry experts to craft questions for our tests in order to anticipate potential questions that will appear on each year’s test.

Don’t be one of the 44 percent who doesn’t pass on the first try. Access our service. Identify your weaknesses, and then shore up any gaps in your knowledge base. In fact, we are so certain that our resources will help you pass this test, that we offer a money-back guarantee if you don’t!

Nebraska License Requirements

All applicants must be 19 years of age or older
The applicant must have a high school diploma or GED
The applicant must complete 60 hours of pre-licensing courses

After those requirements have been met, the applicant must pass the real estate salesperson exam with a score of 75 percent or better. Once the salesperson exam is passed, the individual is certified to work as a real estate salesperson in the state of Nebraska. They must be under the direct supervision of a real estate broker.

Nebraska Sample Practice Real Estate Exam Questions and Answers

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Nebraska State Section

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Question 1

What is homestead protection?

A	The status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.
B	The estimated value that an asset will have at then end of it's useful life
C	Gradual subsidence of waters, leaving dry land
D	Net cash remaining to investor after sale of investment property

Question 2

Mortgage "discount" points only apply if which of the following conditions are met?

A	The interest rate on the mortgage loan has been lowered by 1% for each point charged
B	The loan does not close and the buyer owes the lender for services rendered
C	The seller has agreed to pay 1% of the closing costs
D	The interest rate on the mortgage loan has been lowered by 2% for each point charged

Question 3

How soon can a broker receive a commission check after a closing in Nebraska?

A	After the transaction is completed and funded.
B	When the Buyer moves in.
C	Once the offer sheet is signed.
D	Once the seller agrees to the price.

Question 4

Which of the following is a landlord's option for a tenant not paying the rent?

A	unlawful detainer action in court
B	lock the tenant out of the apartment
C	shut off the power
D	shutoff the gas

Question 5

What tenancies does Nebraska allow?

A	Tenancy by the entirety
B	Neither
C	Both
D	Joint tenancy

Question 6

Does Nebraska allow Holographic wills?

A	No
B	Yes

Question 7

Which of the following is required for an applicant to receive a Real Estate License?

A	Must sit and pass the required exam
B	Must be 25 or older
C	Must have lived in the state for more than a year
D	Must have a Bachelors degree

Question 8

Standing trees would be considered:

A	Chattels
B	Emblements
C	Real property
D	Personal Property

Question 9

Does Nebraska have homestead laws?

A	Yes
B	No

Question 10

Does Nebraska have dower laws?

A	Yes
B	No

Question 11

What is a holographic will?

A	a standard boiler plate will.
B	a will that has been approved by each family member.
C	a will that displays in 3D
D	a will and testament that has been entirely handwritten and signed by the testator.

Question 12

What term means "going to the state?"

A	escheat
B	Taxation
C	police power
D	Eminent Domain

Question 12 Explanation:

Escheat is if someone dies and there is no one to inherit or no will, the property goes to the state.

Question 13

Which of the following would not put a salesperson in jeopardy of losing their license in Nebraska?

A	Convicted of a felony
B	Depositing his/her clients escrow money into a personal account
C	Being authorized to accept and excessive commission.
D	Placing an ad claiming to be a broker when they are not.

Question 14

The license law is administered by:

A	Nebraska Real Estate Commission
B	Nebraska Department of Real Estate
C	Commission of Nebraska Real Estate
D	Department of Commerce and Real Estate

Question 15

Is Nebraska a community property state?

A	No
B	Yes

Question 16

In what circumstances, if any, can a broker in Nebraska who is serving as an intermediary representing both parties collect compensation from both the buyer and the seller?

A	In most circumstances, except when the buyer and seller are related
B	Only when both buyer and seller have legal representation
C	Only when both buyer and seller give informed consent to this arrangement
D	None; the broker may only collect compensation from one party to a transaction

Question 17

After getting a real estate license, how often must you take Continuing Education classes?

A	Every 2 years
B	Every 3 years
C	Every year
D	Every 4 years

Question 18

Which of the following isn't part of a deed?

A	Habendum
B	acknowledgement
C	Premises
D	novation

Question 19

Which is not necessary for a valid contract?

A	due date
B	offer
C	acceptance
D	legal object

Question 20

Who is responsible for maintaining a habitable property and for complying with local housing and building codes?

A	Agent
B	Lessor
C	Buyer
D	Lessee

Question 21

The Salesperson license fee costs how much?

A	$145
B	$115
C	$125
D	$135

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