In Nebraska, a new Nebraska licensee has just received a license. Which statement is correct?
Correct Answer
D) The licensee must complete the required 12 hours of post-license education within 180 days after license issuance to avoid inactive status
Nebraska requires post-license education within 180 days after license issuance, with inactive status for noncompliance. Source basis: Neb. Rev. Stat. §§81-885.03, 81-885.04, 81-885.13, and Nebraska Real Estate Commission licensing information; checked 2026-04-30
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Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.
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.
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