Nebraska Statutes 81-885.11. Broker or salesperson; applicationfor license; contents; expiration
(1) Any person desiring to act as a real estate broker or real estate salesperson shall file an application for a license with the commission. The application shall be in such form and detail as the commission prescribes, setting forth the following:
Terms Used In Nebraska Statutes 81-885.11
- Commission: shall mean the State Real Estate Commission. See Nebraska Statutes 81-885.50
- Company: shall include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801
- Year: shall mean calendar year. See Nebraska Statutes 49-801
(a) The name and address of the applicant and, when applicable, the name under which he or she intends to conduct business; if the applicant will be conducting business through a partnership, the name and residence address of each member thereof, the name of the partnership’s designated broker, and the name under which the partnership business is to be conducted; if the applicant will be conducting business through a limited liability company, the name and address of each of its members, the name of the company’s designated broker, and the name under which the business will be conducted; if the applicant will be conducting business through a corporation, the name and address of each of its principal officers, the name of the corporation’s designated broker, and the name under which the business will be conducted; and if the applicant is an individual, the applicant’s social security number;
(b) The place or places, including the city or village with the street and street number, if any, where the business is to be conducted; and
(c) Such other information as the commission requires.
(2) An application for a broker’s or salesperson’s license shall expire one year after date of receipt in the commission office.