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 In fact, some of that information will be outdated.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

Does Nebraska have homestead laws?

A	Yes
B	No

Question 2

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

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

Question 3

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

Question 4

The license law is administered by:

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

Question 5

What is a holographic will?

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

Question 6

Does Nebraska have dower laws?

A	Yes
B	No

Question 7

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

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

Question 8

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

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

Question 9

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

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

Question 10

What term means "going to the state?"

A	Taxation
B	Eminent Domain
C	escheat
D	police power

Question 10 Explanation:

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

Question 11

Standing trees would be considered:

A	Chattels
B	Personal Property
C	Real property
D	Emblements

Question 12

What is homestead protection?

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

Question 13

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

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

Question 14

The Salesperson license fee costs how much?

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

Question 15

Is Nebraska a community property state?

A	Yes
B	No

Question 16

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

A	acknowledgement
B	Habendum
C	Premises
D	novation

Question 17

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

A	Lessor
B	Buyer
C	Agent
D	Lessee

Question 18

Which is not necessary for a valid contract?

A	due date
B	offer
C	legal object
D	acceptance

Question 19

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

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

Question 20

What tenancies does Nebraska allow?

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

Question 21

Does Nebraska allow Holographic wills?

A	Yes
B	No

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