Legal 2023 Proposed Rule Amendments License Laws & Regulations/License Manual Agency Relationships Information Advertising Do's and Don'ts Complaint Procedures Landlord and Tenant Act Fair Housing Other Statutory References Commission Policies and Interpretations Sample Listing Agreement Disciplinary Actions Summary Seller Property Disclosure Information Trust Account Manual Specialized Registrations Forms Internet Best Practices

Summary of Disciplinary Actions Taken by the Nebraka Real Estate Commission

This includes Hearings on Formal Complaints;
or Stipulation and Consent Orders during the period of
January 1, 1990 through March 14, 2022

Section Violated	Description
Section 81-885.01	Improper Licensure
Section 81-885.02	Unlicensed Activity
Section 81-885.03	RECEIVING COMPENSATION WITHOUT A LICENSE
Section 81-885.10	COMMISSION; POWERS; LICENSING; SANCTIONS; CONSENT DECREEES; CIVIL FINE
Section 81-885.11	Submitting False Application
Section 81-885.12	Submitting False Information
Section 81-885.16	Violating any Provision of Sections 76-2401 to 76-2430
Section 81-885.17	Failure to Complete Nonresident Licensee Educaiton Requirement
Section 81-885.19	Failure to Display Licenses
Section 81-885.21	Trust Account Violations
Section 81-885.24(2)	Misleading Advertising
Section 81-885.24(3)	Failure to Account for and Remit Money
Section 81-885.24(4)	Commingling Money
Section 81-885.24(5)	Failure to Maintain and Deposit Money in Separate Account
Section 81-885.24(6)	Undisclosed Commissions, Rebates or Direct Profit
Section 81-885.24(7)	Representing Another Broker without Consent
Section 81-885.24(8)	Accepting Commission From Other Than Employing Broker
Section 81-885.24(11)	Placing Sign on Property without Proper Consent
Section 81-885.24(12)	Offering Real Estate for Sale or Lease without Owner's Consent
Section 81-885.24(13)	Inducing to Break Contract
Section 81-885.24(14)	Negotiating or Subsituting when there is an Exclusive Agreement
Section 81-885.24(15)	Soliciting Listing when Owner has an Exclusive Agreement
Section 81-885.24(16)	Violating Any Provision of Section 76-2401 to 76-2430
Section 81-885.24(18)	Using Unlicensed Persons
Section 81-885.24(19)	Failure to Include Date of Expiration and Provide Copy
Section 81-885.24(20)	Failure to Deliver Purchase Agreement in Timely Manner
Section 81-885.24(21)	Failure to Deliver Final Closing Statement
Section 81-885.24(22)	Substantial Misrepresentation
Section 81-885.24(23)	Acting for More Than One Party Without Knowledge
Section 81-885.24(24)	Failure to Give Broker Money in Timely Manner
Section 81-885.24(25)	Filing Document Creating a Lien
Section 81-885.24(26)	Violating Commission Adopted Rule
Section 81-885.24(28)	Convicted of a Felony/Entering Guilty or Nolo Contendere Plea
Section 81-885.24(29)	Demonstrating Negligence, Incompentency or Unworthiness
Section 81-885.24(34)	Utilizing Team Advertising or Team Name Suggesting the Team is an Independent Real Estate Brokerage
Chapter 2-003	Allowing Advertising Not in Name of Broker
Chapter 2-005	Advertising in Own Name/Not Indicating Licensee
Chapter 2-006	Failure to Advise of Licensee Status
Chapter 2-007	Failure to Transmit All Written Offers to the Owner
Chapter 2-008	Closing without Proper Supervision
Chapter 2-010	Failure to Acquire Consent From the Employing Broker
Chapter 3-001	Failure to Maintain Transaction Records
Chapter 3-002	Failure to Maintain Bookkeeping System
Chapter 3-003	Failure to Deposit Trust Funds
Chapter 3-004	Failure to Identify Trust Funds
Chapter 3-005	Deposits Relating to the Sale of Real Estate
Chapter 3-006	Improper Transferring of Funds in Cooperative Transaction
Chapter 3-007	Improper Release of Trust Funds
Chapter 5-003.01	Preparing Land Contract
Chapter 5-003.02	False Documents/Information to Lender
Chapter 5-003.04	Failure to Disclose Licensee Interest in Property
Chapter 5-003.06	Failure to Disclose Compensation by more than One party to all Parties
Chapter 5-003.07	Failure to Disclose Agency Relationships
Chapter 5-003.08	Failure to Disclose Dual Capacity as Agent and Principal
Chapter 5-003.09	Failure to Disclose Dual Agency Relationships in Writing
Chapter 5-003.10	Failure to Disclose Estimated Closing Costs to Seller
Chapter 5-003.11	Failure to Disclose Estimated Closing Costs to Purchaser
Chapter 5-003.12	Faulure to Surrender Documents to Rightful Owner
Chapter 5-003.13	Failure to Disclose Other Than Cash/Immediately Depositable Earnest Money
Chapter 5-003.14	Failure to Deposit Earnest Money in a Timely Manner
Chapter 5-003.15	Withholding Earnest Money
Chapter 5-003.17	Failure to Produce Any Document, Book or Record
Chapter 5-003.18	Failure to Reduce an Offer to Writing
Chapter 5-003.19	Failure to Submit All Written Offers
Chapter 5-003.20	Failure to Disclose Adverse material Fact
Chapter 5-003.21	Failure to Return License
Chapter 5-003.22	Failure to Supervise Affiliated Licensees
Chapter 5-003.23	Failure to Deliver Disclosure Statement to Purchaser/Agent
Chapter 5-003.24	Failure to Deliver Disclosure Statement to Purchaser
Chapter 5-003.25	Failure to Disclose an Error and Disclosure Statement
76-2 120	MISREPRESENTATION ON SELLERS PROPERTY DISCLOSURE STATEMENT
76-2417	Failure to Obtain Written Contract with Seller
76-2418	Failure to Fulfill Duties and Obligations of Buyer's Agent or Tenant's Agent
76-2419	Failure to Fulfill Duties and Obligations of Dual Agent
76-2420	Failure by Designated Broker to Adopt Written Agency Policy
76-2421	Failure to Provide Brokerage Pamphlet or Duties
76-2422	Failure to Acquire Written Agreements for Brokerage Services
76-2425	Unfair Trade Practice by Violation of Sections 76-2401 to 76-2430

	Show-Cause Hearings

Summary of Disciplinary Actions Taken by the Nebraka Real Estate Commission

TABLE OF CONTENTS