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Real Estate Salesperson Exam — National Portion

Discipline (NE): practice questions

Our Real Estate (National) bank has 5 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Nebraska

What does a Nebraska licensee need before placing a for-sale sign?

  1. A city sign permit
  2. The owner's written OK
  3. The MLS's approval
  4. Nothing at all
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B. The owner's written OK — Neb. Rev. Stat. 81-885.24(11).

Question 2 · Nebraska

What is the usual cap on Nebraska civil fines per complaint?

  1. $1,000 per complaint
  2. $5,000 or the commission
  3. $10,000 flat per complaint
  4. $25,000 per violation
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B. $5,000 or the commission — Neb. Rev. Stat. 81-885.10(1).

Question 3 · Nebraska

From whom may a Nebraska salesperson accept compensation without their broker's consent?

  1. Any party to the deal
  2. Their broker
  3. The buyer, if disclosed
  4. The lender at closing
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B. Their broker — Neb. Rev. Stat. 81-885.24(8).

Question 4 · Nebraska

After how many days does an unpaid Nebraska civil fine become a debt to the state?

  1. 30
  2. 60
  3. 90
  4. 120
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B. 60 — Neb. Rev. Stat. 81-885.31(2).

Question 5 · Nebraska

Acting as a broker in Nebraska without a license is what?

  1. A minor traffic-style infraction
  2. Class II misdemeanor
  3. A Class IV felony
  4. A civil matter only
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B. Class II misdemeanor — Neb. Rev. Stat. 81-885.45.

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