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Practice Of Real EstateLicense IssuanceEASY

In Nebraska, an applicant wants an original Nebraska license issued on active status. Which statement is correct?

Correct Answer

B) The Commission will not approve active issuance until it receives proof of required errors and omissions insurance coverage

Nebraska requires proof of E&O insurance coverage before approving an original or renewal license on active status. 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

Answer Options
A
Only a local business license is required for active status
B
The Commission will not approve active issuance until it receives proof of required errors and omissions insurance coverage
C
Errors and omissions insurance is never relevant to license issuance
D
Insurance is required only after the first lawsuit

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Related Topics & Key Terms

Related Topics:

ne.IIlicense-issuance

Key Terms:

nebraskane.IIlicense-issuanceeo-insurance-active
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