As used in sections 81-885.49 to 81-885.54, unless the context otherwise requires:

Terms Used In Nebraska Statutes 81-885.50

  • Commission: shall mean the State Real Estate Commission. See Nebraska Statutes 81-885.50
  • Licensee: shall mean a natural person who is licensed by the commission as a real estate broker or salesperson. See Nebraska Statutes 81-885.50
  • 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
  • State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801
  • Two-year period: shall mean twenty-four months commencing on January 1 following either the date of licensing of the real estate broker or salesperson or March 8, 1985, whichever is later, and each succeeding twenty-four-month period. See Nebraska Statutes 81-885.50

(1) Commission shall mean the State Real Estate Commission;

(2) Licensee shall mean a natural person who is licensed by the commission as a real estate broker or salesperson; and

(3) Two-year period shall mean twenty-four months commencing on January 1 following either the date of licensing of the real estate broker or salesperson or March 8, 1985, whichever is later, and each succeeding twenty-four-month period.