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Trust Account Manual

Below are new pages to be used to update your copy of the Nebraska Real Estate Trust Account Manual. You may discard the pages replaced. In addition to the changes noted below, technical changes may have been made to clarify intent and existing practice, to delete obsolete language, and to correct grammar and punctuation.

Date of Update	Section of Manual	New Pages	Changes Included
October 2013	GEN D-1	GEN D-1	Updated information regarding changes the time period that unclaimed must be held before forwarding those funds to the State Treasurer’s Unclaimed Property Division
January 2016	SALES B-1	SALES B-1	Updated information regarding the retention of closing statements in transaction files. The rules have been relaxed with regards to closing statements for parties to the transaction who are not clients
September 2016	Trust Account Manual	Sales B-1	Updated: not a compliance issue if Closing Statements absent due to privacy concerns
February 2017	SALES B-1 MGMT B-1	GEN G-1 SALES B-1 MGMT B-1	GEN G-1 - Added New Section - General Real Estate Trust Account Information - Records relating to funds that bypass the broker trust account SALES B-1 - Added item 13 relating to records of funds coming into the broker's possession which bypass the trust account. MGMT B-1 - Added item 10 relating to records of funds coming into the brokers possession which bypass the trust account.
September 2019	MGMT E-1	MGMT E-1	Allowing for automated withdrawal of trust account funds in property management account under certain circumstances