Nebraska · Real estate exam prep

Nebraska Real Estate Practice Test

20 free Nebraska practice questions with no signup required. When you're ready for more, the full RealReady bank has 1,035 questions for the 2026 exam that cover both national principles and Nebraska law.

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20 Nebraska Real Estate Test Questions & Answers

Use this like a free Nebraska real estate practice test: read the question, commit to an answer, then tap to reveal the correct answer and a plain-English explanation. The ones you miss tell you where to focus next.

Q1 of 20 Licensing & Regulation

A newly appointed NREC commissioner asks who serves as chairperson. Which official chairs the Nebraska Real Estate Commission?

  1. Secretary of State
  2. Governor
  3. Elected commission member
  4. Attorney General
Show answer & explanation

Correct: A Secretary of State

The Nebraska Secretary of State serves as chair of the NREC. The remaining 6 members are appointed by the Governor and include 3 from Congressional Districts, 1 at-large broker, 1 salesperson, and 1 public member.

Q2 of 20 Licensing & Regulation

A broker licensed in Iowa applies for a Nebraska license through license recognition. Which course must she complete before her Nebraska license is issued?

  1. A 12-hour post-license course before issuance
  2. The full 96-hour Nebraska pre-license curriculum
  3. A 6-hour ethics course (Course #0003)
  4. A 3-hour Nebraska License Act and agency law course
Show answer & explanation

Correct: D A 3-hour Nebraska License Act and agency law course

Under Neb. Rev. Stat. § 81-885.17, applicants obtaining a Nebraska license through recognition of a license from another jurisdiction — including nonresidents and new residents converting an out-of-state license — must complete a commission-approved 3-hour class on the Nebraska Real Estate License Act and Nebraska agency law (§§ 76-2401–76-2430) before the license is issued. They do not repeat Nebraska's 96-hour pre-license curriculum. Course #7000 (12 hours) is completed within 180 days AFTER issuance.

Q3 of 20 Licensing & Regulation

A salesperson leaves her brokerage to join a new one. Under Neb. Rev. Stat. § 81-885.20, what must her former employing broker do?

  1. Nothing — only the salesperson notifies NREC
  2. Immediately forward her license to the Commission
  3. Deliver the license directly to the new broker
  4. Hold her license until the new broker requests it
Show answer & explanation

Correct: B Immediately forward her license to the Commission

When a salesperson or associate broker leaves a broker's employ, § 81-885.20(2) requires the employing (former) broker to immediately forward the licensee's license to the Commission and provide any information NREC requires about the termination. The transfer to the new brokerage is then completed through NREC's Licensee Portal with approval from both the licensee and the new employing broker and a transfer fee of up to $50 (§ 81-885.20(3)). Under 299 NAC ch. 1-011, the licensee is on inactive status from the date employment terminates until the transfer is complete.

Q4 of 20 State Practice

A salesperson designs a yard sign displaying only the listing agent's name and phone number. What violation has occurred?

  1. The sign is a blind ad
  2. No violation occurred
  3. The font size is too small
  4. The sign lacks the MLS number
Show answer & explanation

Correct: A The sign is a blind ad

Nebraska prohibits blind ads, which are advertisements that fail to display the designated broker's name as registered with NREC. All advertising, including yard signs, must prominently identify the brokerage.

Q5 of 20 State Practice

A client sues over misrepresentations made by a salesperson during a showing. Under Nebraska law, who bears legal responsibility for the salesperson's conduct?

  1. Only the salesperson
  2. The team leader
  3. The designated broker
  4. The listing agent
Show answer & explanation

Correct: C The designated broker

Under Neb. Rev. Stat. § 81-885.01(6), the designated broker has full authority over the brokerage's real estate activities and is responsible for supervising all affiliated associate brokers and salespersons, so the brokerage answers for an affiliate's conduct within the scope of licensed activity. The salesperson also remains personally responsible for her own misrepresentations, which is why 'only the salesperson' is wrong.

Q6 of 20 State Practice

What type of bank account must every active Nebraska broker maintain for client funds?

  1. A savings account at any bank
  2. The broker's operating account
  3. A separate insured checking account
  4. A money market fund
Show answer & explanation

Correct: C A separate insured checking account

Nebraska requires every active broker to maintain a separate, insured checking account designated as a trust account. Client funds must never be commingled with the broker's personal or business operating funds. A designated broker with no trust-account activity may apply for a waiver (§ 81-885.21(7); 299 NAC 3-001).

Q7 of 20 State Practice

The Nebraska Real Estate Commission's brokerage disclosure pamphlet identifies how many types of brokerage relationships a licensee can have with a consumer?

  1. Five types
  2. Three types
  3. Four types
  4. Six types
Show answer & explanation

Correct: D Six types

The commission-approved brokerage disclosure pamphlet required by Neb. Rev. Stat. 76-2421 identifies six possible brokerage relationships: buyer limited agency, tenant limited agency, seller limited agency, landlord limited agency, dual limited agency, and common law agency. Nebraska does not recognize a non-agent or facilitator role — a licensee providing brokerage services is a buyer's or tenant's limited agent by default (76-2416(2)) unless a written listing or management agreement, a subagency arrangement, written dual agency consent, or a written common law agency agreement is in place.

Q8 of 20 State Practice

When must a Nebraska licensee provide written agency disclosure?

  1. At the time a purchase agreement is signed
  2. Within 72 hours of showing a property
  3. At first substantial contact or soon after
  4. Only when requested by the consumer
Show answer & explanation

Correct: C At first substantial contact or soon after

Nebraska requires written agency disclosure at the earliest practicable opportunity during or following first substantial contact. This ensures the consumer understands agency relationships before sharing information that could weaken their bargaining position. The requirement applies to a buyer, tenant, seller, or landlord who has not already entered into a written agreement for brokerage services with a designated broker; once a party is represented, other licensees need not repeat the disclosure (Neb. Rev. Stat. 76-2421(1)-(2)).

Q9 of 20 State Practice

Nebraska's Seller Property Condition Disclosure applies to which type of property?

  1. Properties valued above $100,000
  2. All residential and commercial properties
  3. Residential properties of 1 to 4 units
  4. Single-family homes only
Show answer & explanation

Correct: C Residential properties of 1 to 4 units

The Nebraska Seller Property Condition Disclosure (SPCD) is required for residential properties containing 1 to 4 dwelling units. Commercial properties and larger multi-family buildings are not subject to this requirement.

Q10 of 20 State Transactions

A broker signs a listing that guarantees commission regardless of who finds the buyer. What type of listing is this?

  1. Net listing
  2. Exclusive right to sell
  3. Open listing
  4. Exclusive agency
Show answer & explanation

Correct: B Exclusive right to sell

An exclusive right to sell listing guarantees the broker earns a commission no matter who procures the buyer, including the owner. This is the most common listing type used in Nebraska.

Q11 of 20 State Transactions

Which of the following is authorized to conduct a real estate closing in Nebraska?

  1. Only a title insurance company
  2. Only a Nebraska-licensed attorney
  3. A licensed appraiser
  4. A Nebraska-licensed real estate broker
Show answer & explanation

Correct: D A Nebraska-licensed real estate broker

Nebraska is not an attorney-only closing state. Under Neb. Rev. Stat. §§ 76-2,121 and 76-2,122, a real estate closing agent must be licensed or regulated by a regulating entity (or employed by one). That covers NREC-licensed brokers, Nebraska attorneys, banks, savings institutions and credit unions, Nebraska trust companies, and title insurers and agents authorized by the Department of Insurance — but not appraisers, whose board is not a listed regulating entity.

Q12 of 20 State Transactions

In a Nebraska deed of trust, who holds the power of sale if the borrower defaults?

  1. The beneficiary (lender)
  2. The trustor (borrower)
  3. The trustee
  4. The county sheriff
Show answer & explanation

Correct: C The trustee

A deed of trust involves three parties: the trustor (borrower), the beneficiary (lender), and the trustee. The trustee holds the power of sale and can initiate non-judicial foreclosure upon default, acting on behalf of the beneficiary.

Q13 of 20 State Transactions

A developer divides land located in another state into 30 lots and wants to sell them to Nebraska residents. What must the developer obtain from the NREC?

  1. A plat approval from the county
  2. A broker's license only
  3. A subdivision certificate
  4. A zoning variance from the county
Show answer & explanation

Correct: C A subdivision certificate

Under Nebraska's subdivided land registration laws, land outside Nebraska divided into 25 or more lots for sale to Nebraska residents requires a subdivision certificate from the NREC before sales may begin. (Neb. Rev. Stat. 81-885.01, 81-885.34.)

Q14 of 20 State Transactions

Which of the following is a Nebraska-specific protected class not found in federal fair housing law?

  1. Familial status
  2. Disability
  3. Race
  4. Military or veteran status
Show answer & explanation

Correct: D Military or veteran status

The Nebraska Fair Housing Act (Neb. Rev. Stat. 20-318) protects race, color, religion, national origin, disability, familial status, sex, and military or veteran status. Military or veteran status is the protection Nebraska adds beyond the federal Fair Housing Act. Race, disability, and familial status are all already protected under federal law.

Q15 of 20 Licensing & Regulation

A developer plans to sell time-share units in Nebraska. Besides licensing, which authority does NREC exercise over time-shares?

  1. NREC sets time-share pricing
  2. NREC registers time-share offerings
  3. NREC finances time-share projects
  4. NREC insures time-share buyers
Show answer & explanation

Correct: B NREC registers time-share offerings

NREC has the authority to register subdivisions, time-shares, campgrounds, and retirement communities. This registration power is separate from individual licensee regulation and ensures consumer protection in these specialized property types.

Q16 of 20 Licensing & Regulation

A homeowner sells her own property without a license. Is this legal in Nebraska?

  1. Only if the sale is under $100,000
  2. Yes, owners may sell their own property
  3. Only if she hires a licensed attorney
  4. No, all sales require a license
Show answer & explanation

Correct: B Yes, owners may sell their own property

Nebraska exempts property owners who sell or manage their own real estate from licensing (Neb. Rev. Stat. § 81-885.04). Other exemptions include attorneys performing their legal duties, court-appointed persons (receivers, personal representatives, conservators, guardians, trustees in bankruptcy), and government officers performing official duties. Auctioneers are NOT exempt — § 81-887.03 requires auctioneers to comply with the License Act before auctioning real estate.

Q17 of 20 Licensing & Regulation

A Kansas licensee wants to practice in Nebraska. What must she provide to NREC?

  1. Kansas exam scores and official transcripts
  2. License copy, fee, and 3-hour NE course
  3. A recommendation letter from Kansas KREC
  4. Only a standard fee and application
Show answer & explanation

Correct: B License copy, fee, and 3-hour NE course

Nonresident applicants must submit a certified copy of their out-of-state license, pay the required fee, complete a 3-hour Nebraska law course, and pass a background check. Nebraska does not have formal reciprocity with any state.

Q18 of 20 State Practice

An agent posts a property listing on social media with attractive photos and pricing but no broker identification. Which statement is correct?

  1. Only paid posts need broker info
  2. Social media posts require broker name
  3. Agent name alone is sufficient
  4. Social media is exempt from ad rules
Show answer & explanation

Correct: B Social media posts require broker name

NREC advertising rules apply to all media including social media, group emails, billboards, and business cards. The broker's registered name must be conspicuous and easily identifiable in every advertisement.

Q19 of 20 State Practice

An associate broker in Nebraska holds a broker license. What limits her authority compared to a designated broker?

  1. She must work under a designated broker
  2. She cannot list commercial property
  3. She has no practice limitations
  4. She cannot negotiate contracts
Show answer & explanation

Correct: A She must work under a designated broker

Associate brokers hold broker-level licenses but operate under a designated broker's supervision. Only the designated broker has full authority to conduct real estate activities and supervise other licensees independently.

Q20 of 20 State Practice

A broker deposits a personal check into the trust account to cover a shortfall. What violation has occurred?

  1. Exceeding deposit limits
  2. Failure to reconcile
  3. Conversion of funds
  4. Commingling of funds
Show answer & explanation

Correct: D Commingling of funds

Mixing personal funds with client trust funds is commingling, which is strictly prohibited in Nebraska. The trust account must contain only client funds held in connection with real estate transactions.

Want the rest of Nebraska's 1,035-question bank?

The RealReady app has all 1,035 questions covering both national real estate principles and Nebraska-specific law. The full app also includes:

  • Short articles that walk you through the why behind each topic
  • A missed-question drill mode
  • Detailed explanations on every question
  • Progress tracking with per-category accuracy

Unlike other real estate prep apps, we don't cut off access or charge a monthly subscription fee. It's a one-time $17.99, and it's yours forever.

About the exam

More about the Nebraska real estate exam

The Nebraska real estate salesperson exam is a tougher test than most first-time candidates expect. The Nebraska Real Estate Commission, the state agency that licenses salespersons and brokers, scores the national and Nebraska state-law portions separately, so a strong national score won't rescue a thin grasp of Nebraska law. That is why Nebraska-specific preparation matters as much as the national material.

Nebraska tests its own rules in ways a national course never touches, from the designated broker structure that decides who actually holds the agency relationship with a client, to the relationship disclosure a licensee owes the people in a transaction, the 72-hour rule for getting other people's money into a trust account, the errors and omissions insurance every active licensee has to carry, the Nebraska Fair Housing Law, and the disciplinary powers the Commission can bring against a license. None of that looks like the material a candidate in a neighboring state studies. A generic real estate practice test won't cut it. You need Nebraska-specific practice questions.

FAQ

Nebraska real estate exam: your questions answered

How many questions are on the Nebraska real estate exam?

The Nebraska Real Estate Salesperson Examination has 130 scored multiple-choice questions, split into an 80-question national portion and a 50-question Nebraska state-law portion. Pearson VUE delivers both portions in one computer-based session and mixes in five to ten unscored pretest questions on each portion. The pretest questions look just like the scored ones and don't count toward your result.

What's the passing score for the Nebraska real estate exam?

75 percent on each portion, and the two portions are scored separately. If you pass one portion and fail the other, you only retake the portion you failed, and you keep credit for the portion you passed through your next three attempts or six months, whichever comes first. Miss that window and you start over with both portions.

How much does the Nebraska real estate exam cost?

The examination fee is $150, paid to the Nebraska Real Estate Commission rather than to the testing company. One detail catches people off guard. Because the seat and staffing are committed either way, the full $150 fee applies to a retake even when you only need to redo one of the two portions, so it pays to walk in prepared for both halves the first time.

How long is the Nebraska real estate exam?

Four hours of seat time total. Pearson VUE allows two and a half hours for the 80-question national portion and an hour and a half for the 50-question Nebraska portion, taken back-to-back in one sitting. You get your official pass or fail score report before you leave the test center. Pearson VUE runs sites in Lincoln, Omaha, North Platte, and several Nebraska community colleges.

Who administers the Nebraska real estate exam?

The Nebraska Real Estate Salesperson Examination is administered by Pearson VUE for the Nebraska Real Estate Commission (NREC). You register and schedule your exam date through Pearson VUE.

Is the Nebraska real estate exam hard?

It's a serious test, and the part that trips people up is the 50-question Nebraska portion. The national half covers the same principles taught everywhere, but the state questions reward candidates who actually studied Nebraska's license law, the designated broker relationships, the agency relationship disclosure, the 72-hour trust account rule, and the errors and omissions insurance requirement. Most people who fail leaned too hard on national material and underprepared on Nebraska law. Honest reps on Nebraska-specific practice questions are the difference between a first-time pass and a $150 retake.

What's on the Nebraska real estate exam?

The 80-question national portion covers real property characteristics and legal descriptions, forms of ownership and transfer of title, property value and appraisal, contracts and agency, the practice of real estate including fair housing, property disclosures and environmental issues, financing and settlement, and real estate math. The 50-question Nebraska portion covers the duties and powers of the Real Estate Commission, licensing rules, the statutory requirements that govern licensee activities such as advertising, designated broker relationships, broker supervision, commissions, the funds-of-others 72-hour rule, trust accounts, and record keeping, plus agency duties, required property disclosures, listings and closings, and additional topics like subdivided and out-of-state land sales and the Nebraska Fair Housing Law. Agency is the single heaviest Nebraska topic, with roughly 17 of the 50 state questions, so it's worth extra attention.

What's the best way to prepare for the Nebraska real estate exam?

After you finish Nebraska's required pre-license coursework, the highest-leverage move is grinding Nebraska-specific practice questions with honest feedback on every miss. National principles you can pick up from any course, but the 50-question state portion rewards repetition on the license law, the designated broker structure, agency disclosure, trust account handling, and the errors and omissions insurance rules. The RealReady app gives you the full Nebraska question bank plus the national bank, detailed explanations, a missed-question drill mode, and per-category progress tracking so you can see exactly where you're weak. Most users study 30 to 60 minutes a day for two to four weeks before sitting the exam.

Is RealReady free?

The 20 Nebraska practice questions on this page are free, no account or signup needed. Unlocking the rest of the Nebraska bank is a single in-app purchase you pay once and own, with no recurring charge and no time limit on access.

Does RealReady cover the Nebraska real estate exam?

Yes. RealReady has a dedicated Nebraska question bank built for the Nebraska real estate exam, covering the national principles every candidate sees plus the Nebraska law that trips people up, like the designated broker structure, the 72-hour rule for trust-account deposits, and the Nebraska Fair Housing Law.

Is RealReady a real estate license course?

No. RealReady is exam practice, not a pre-license course, so it doesn't count toward Nebraska's required pre-license education hours. Use it after or alongside your coursework to drill realistic practice questions and find your weak spots before exam day.