In Nebraska, a licensee knows an owner has an outstanding exclusive listing with another broker. Which statement is correct?
Correct Answer
A) The licensee may not negotiate directly with the owner to break or substitute the listing, and must respect the existing exclusive relationship
Nebraska protects written outstanding exclusive listings from direct interference by another broker. Source basis: Neb. Rev. Stat. §81-885.24, Nebraska Legislature official statute; checked 2026-04-30
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
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