Nebraska Real Estate Broker Exam Study Guide (2026) cover

Study guide · 2026 Edition

Nebraska Real Estate Broker Exam Study Guide (2026)

PrepPass's independent 2026 study guide for the Nebraska Real Estate Broker exam is 316 pages including 80 practice questions with a full answer key, PDF + EPUB, $19.99 one-time; it is not affiliated with the exam provider.

Length
316 pages
Practice questions in the book
80
Exam facts last checked
September 2026
File last updated
October 2026
Delivery
PDF + EPUB · English · instant download

What is in the Nebraska Real Estate Broker study guide?

The real exam: Nebraska Real Estate Broker Examination — 135–145 questions · 240 minutes · Passing score: 75%.

The national portion at real exam weight, plus a Nebraska chapter. The Nebraska chapter is sized to the published outline — 5 areas, 50 scored items — area by area, not flattened.

License examination fee, per exam (paid to NREC): $150 per attempt, paid to Nebraska Real Estate Commission. A retake pays it again. This guide: $19.99, one time.

Exam facts, who it suits and what changed

About the exam itself

Nebraska Real Estate Broker Examination — Exam facts
Administering bodyNebraska Real Estate Commission (NREC) — exam delivered by Pearson VUE

Source: Pearson VUE — Nebraska Real Estate License Examinations Candidate Handbook #092800 (April 2025)

Questions135–145 questions

Source: Pearson VUE — Nebraska Real Estate License Examinations Candidate Handbook #092800 (April 2025)

Time limit240 minutes

Source: Pearson VUE — Nebraska Real Estate License Examinations Candidate Handbook #092800 (April 2025)

Passing score75%

Source: Pearson VUE — Nebraska Real Estate License Examinations Candidate Handbook #092800 (April 2025)

Fees
  • $150 — License examination fee, per exam (paid to NREC) (Nebraska Real Estate Commission, per attempt)
  • $175 — Licence application fee (Nebraska Real Estate Commission, one-time)
  • $110 — Broker original licence fee (current year only) (Nebraska Real Estate Commission, one-time)

Source: Nebraska Real Estate Commission — Fee Schedule

Languages offeredNot published by Pearson VUE (Nebraska candidate handbook)

What we read and found nothing in: Pearson VUE — Nebraska Real Estate License Examinations Candidate Handbook #092800 (April 2025)

Exam facts, with a source for every line

Look inside the book

Three real pages, rendered straight from the PDF you download — a reference page, a teaching page, and a worked question, always in that order. Nothing here was redrawn to look better.

  • Quick reference
    Answer Key and Explanations · PDF page 186
  • How it's taught
    Answer key · PDF page 309
  • A question, worked
    Answer Key and Explanations · PDF page 170

What's included — and what isn't

Included

  • A Nebraska chapter written to the published exam outline, area by area
  • Where Nebraska law departs from the national rule — both stated, so neither is guessed

Not included

  • No printed copy is shipped — this is a file you download and can print yourself
  • No video course, instructor or tutoring comes with the book — the free videos on the site are separate
Everything included, and everything that isn't

Included

  • Supervision, trust accounts, brokerage operation and broker math
  • A Nebraska practice set with every option explained, not just the right one
  • 466 practice questions online, free, from the same bank
  • PDF (print & tab it) + EPUB (phone / e-reader)

Not included

  • Not your exam registration or the testing centre's fee, which you still pay to the official body

Contents

See 14 sections and the page each one starts on
  1. 2. Trust Funds, Escrow, and the Client’s Moneyp. 31
  2. 3. Agency at the Broker Levelp. 41
  3. 4. Contracts and Brokerage Agreementsp. 55
  4. 5. Fair Housing, Accessibility, and Antitrust: The Exposure You Carry Personallyp. 72
  5. 6. Ownership, Land Use Controls, and Transfer of Titlep. 94
  6. 7. Valuation, Financing, and the Federal Lending Lawsp. 112
  7. 8. Disclosures, Environmental Risk, and Property Managementp. 134
  8. Practice Exam — 60 Questionsp. 150
  9. Answer Key and Explanationsp. 166
  10. Appendix A — Broker Math Cheat Sheetp. 215
  11. Appendix B — Glossaryp. 236
  12. Appendix C — Exam-Day Strategyp. 254
  13. Part II — Nebraska State Law & Practicep. 259
  14. Answer keyp. 308

Taken from the PDF you download, with the page each one starts on — not typed here.

Read a chapter free, in full

One complete chapter, exactly as it ships in the eBook. Scroll the window to read it right here; no download, no email.

Read chapter 9 here, without leaving the page

We didn't give you the easy intro — the free chapter opens on one of the hardest-working parts of the book, so you can judge the teaching where the exam gets difficult.

FREE SAMPLE — READ IT RIGHT HERE
Chapter 9 · ≈11 min read
Nebraska Broker Law
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What the Nebraska portion actually is

The Nebraska broker examination is delivered by Pearson VUE. Every structural figure below is read out of the Nebraska Real Estate Candidate Handbook #092800, revision 4/2025, in which both Nebraska state content outlines carry an effective date of September 1, 2023.

Scored itemsTime allotted
National/general portion802.5 hours
Nebraska state portion501.5 hours
Total1304 hours

On top of the scored items each portion carries pretest items. The handbook's own words about the state portion: "The state-specific portion of the real estate examination is comprised of fifty (50) scored items for broker candidates. The examination also contains five to ten (5–10) pretest items. The pretest items are not identified and will not affect a candidate's score in any way."

Read that carefully, because it changes your pacing. You will face somewhere between 55 and 60 Nebraska questions in 90 minutes and be scored on 50 of them, with no way to tell which. If you plan the state portion as fifty questions in ninety minutes you will give yourself 108 seconds each and run out of clock; the honest budget is closer to 90 seconds per question. Note also that the national portion carries a different pretest figure — the handbook says the national/general examination "contains five (5) pretest items" — so the two portions are not symmetrical.

The passing standard is a percentage, not a scaled score. The handbook states it twice: "The passing score required on each examination is 75%," and, on license issuance, "a passing score of 75% for salespersons and for brokers." Numeric scores are reported only to failing candidates; a pass comes back as the word "pass." Keep the score report for any portion you pass, because the Commission requires the original report for both portions when you apply for issuance.

The area weights, and the facing page that will cost you 30 percent

Nebraska publishes a separate broker state outline. It is not a shared document with an extra broker column bolted on; it is its own page, printed as Outlines 10 in handbook #092800, and the salesperson outline sits on the facing page as Outlines 09. The two carry the same five areas, in the same order, with the same lettered subtopics under each. Exactly one thing differs.

#AreaBroker — as publishedBroker — used in this bookSalesperson — as publishedBroker share
IDuties and Powers of the Real Estate Commission5 ITEMS55 ITEMS10%
IILicensing7–8 ITEMS87–8 ITEMS16%
IIIStatutory Requirements Governing the Activities of Licensees17–18 ITEMS1715 ITEMS34%
IVAgency15 ITEMS1517–18 ITEMS30%
VAdditional Topics5 ITEMS55 ITEMS10%

Areas III and IV swap counts between the two tiers. The broker is tested more heavily on the statutory requirements governing licensee activity — advertising, supervision, trust accounts, the 72-hour rule — and less heavily on agency. The salesperson is the reverse. Everything else on the two pages is identical, right down to the lettered subtopics, which is precisely why the wrong page is so easy to grab and so expensive to grab: it inverts 30 percent of your exam. Both tiers are 50 scored items plus 5 to 10 pretest items, so the totals match and give you no warning. Check the page you are holding: if the agency block reads 17–18, you are revising the salesperson exam.

Two of these five numbers are ours, not the vendor's

Look again at the column headed "as published." Two of the five per-area figures are printed as ranges, not counts — Area II as "7-8 ITEMS" and Area III as "17-18 ITEMS." A range is not a count, and you cannot build a revision plan on a range without choosing a number.

The single integers this book uses for those two areas — 8 for Area II and 17 for Area III — are range endpoints chosen because they are the pair that makes the five areas sum to the published total of 50. Five plus eight plus seventeen plus fifteen plus five is fifty. No other combination of the two ranges reaches the published total. They are not midpoints: 7–8 and 17–18 have midpoints of 7.5 and 17.5, which are not item counts at all. And they are not figures Pearson VUE printed. Wherever this chapter prints a derived integer, the verbatim published figure sits beside it, so the derivation can never be mistaken for a publication.

What this means for you in practice is small but real: Area II may be worth seven items and Area III eighteen. If it is, the balance tips slightly further toward Area III, which is already the largest block. Nothing in your revision plan should depend on the difference.

What the vendor does not publish at all

Handbook #092800 contains no statute reference list. Not a short one, not an unlinked one. No citation to Neb. Rev. Stat., to Title 299 of the Nebraska Administrative Code, or to any section number of any kind appears anywhere in its 23 pages. That is worth stating plainly rather than quietly filling in, because it has a consequence: there is no vendor list to check against the statute books, and no way to confirm from the handbook that a provision you were taught is still in force.

Every statutory and regulatory citation in this chapter is therefore ours. Each was read out of the current text of the Nebraska Revised Statutes on the Legislature's own site, or out of the Nebraska Real Estate Commission's consolidated Title 299 rules manual, and none of them should be attributed to Pearson VUE.

The structural fact to fix before you revise anything

Nebraska's real estate agency law is not in the licensing chapter.

The Nebraska Real Estate License Act is Neb. Rev. Stat. ch. 81, art. 8, §§ 81-885 to 81-885.56. That is where licensing, unfair trade practices, trust accounts, subdivision sales and the Commission itself live. It is what most people mean when they say "Nebraska real estate law."

The agency sections that supply Area IV — 15 of 50 items, 30 percent of your state exam — are §§ 76-2401 to 76-2430, in chapter 76. A different chapter of a different title of the statutes. Limited agency, the default relationship, the duties of a seller's agent and a buyer's agent, dual agency, subagency, compensation, and the written-agreement rules are all there and none of them are in the License Act. A candidate who reads the License Act cover to cover and stops has no source at all for the second-largest block on the exam.

Two housekeeping points about those ranges. Within the License Act, §§ 81-885.32 and 81-885.47 are repealed — 81-885.32 by Laws 1978, LB 361, and 81-885.47 by Laws 2009, LB 30 — and nothing in this chapter rests on either. Within the agency range, no section is repealed, and § 76-2422.01 (Laws 2011, LB25) is the only added section.

The regulator throughout is the Nebraska Real Estate Commission, whose office is in Lincoln. The statutes call it the State Real Estate Commission; the Commission calls itself the NREC, and the outline uses that abbreviation.

Area I — Duties and Powers of the Real Estate Commission (5 items, 10%)

Five items, and the outline prints three lettered subtopics for them: general powers, investigations and complaints and hearings, and disciplinary action broken into suspension/revocation/probation and fines/sanctions. Five items across three subtopics means the disciplinary half carries more than its share, and in practice the two figures that show up most often are the twenty days and the fine cap.

A. General powers of the Commission

The operative rule on composition. Neb. Rev. Stat. § 81-885.07(1)(a) creates the State Real Estate Commission as the Secretary of State, who serves as chairperson, plus six members appointed by the Governor. The six divide as follows: three are active licensed brokers of at least five years' standing, one from each congressional district; the other three are appointed at large — one representing the public, one a salesperson of at least three years, and one a broker of at least five.

What it means in practice. Nebraska builds its regulator out of a constitutional officer and six appointees, and the industry majority is deliberately diluted by a public member. Licensees elect nobody. The Attorney General holds no seat on the Commission; under § 81-885.09 that office supplies the Commission with legal opinions instead, which is a service relationship and not a seat.

Terms. § 81-885.07(2) directs the Governor to appoint a successor for a term of six years, and limits an appointed member to one six-year term, in addition to any partial term served filling a vacancy. At least four members must be present at any official meeting, and the action of a majority of members is the action of the Commission. A member may not hold any other elective or appointive state or federal office while serving. The office is maintained in Lincoln, and the Commission employs a director who keeps its records.

The trap. Distractors offer a board elected by licensees, a board appointed by the Legislature from an industry association's list, or a board chaired by the Attorney General. Each is a governance model in use somewhere. None is Nebraska's, and the tell in every one of them is that the Secretary of State has disappeared from the chair.

How broadly the general powers run, and how they are exercised. The outline's first subtopic is worded as broadly as the statute is, and it helps to see the three modes the Commission actually uses, because the exam keeps them apart. There are rules, promulgated as Title 299 of the Nebraska Administrative Code. There is adjudication, in the complaint-and-hearing process of §§ 81-885.24 and 81-885.25. And there are orders, including the cease and desist orders that reach unlicensed persons under § 81-885.03.

Notice how the first of those connects to the second, because it explains nearly every citation later in this chapter. Almost no Title 299 rule carries a penalty of its own. A rule reaches a licensee because breaching it is "demonstrating negligence, incompetency, or unworthiness" under § 81-885.24(29), which is an unfair trade practice and therefore a ground for discipline. That is the mechanism to hold: the rules describe the conduct; § 81-885.24 supplies the consequence. When you meet a citation of the form "299 NAC 5-003.xx" in Area III or Area IV, it is arriving through subdivision (29).

B. Investigations, complaints, and hearings

The operative rule. § 81-885.24 opens with the trigger: the Commission may act upon its own motion, and shall act upon the sworn complaint in writing of any person.

Two things follow from that sentence, and both are examinable. First, the duty to investigate is owed to any person — the complainant need not be a client of the licensee, need not have been party to the transaction, and need not be the licensee's own designated broker. Second, the Commission's track is independent of the courts: no civil judgment, no criminal conviction and no pending lawsuit is a precondition. The Nebraska Supreme Court made the point from the other direction in Clark v. Tyrrell, holding that double jeopardy has no application to discipline under this section.

The procedure that carries the item. Before the Commission censures, fines, suspends or revokes, § 81-885.25(1) requires it to send the licensee a copy of the complaint containing the charges and to give a hearing, unless the licensee waives the hearing and executes a consent order. § 81-885.25(2) then requires written notice of the date and place of the hearing at least twenty days before that date. Where the licensee is an associate broker or a salesperson, the Commission also mails a copy of the notice to the employing broker's last known business address — so the broker learns of it as a matter of statute, not as a courtesy. § 81-885.30 provides for appeal.

The trap. Ten, thirty and sixty days are all plausible-looking administrative notice periods and all wrong here. Twenty is the number, and it is a minimum before the hearing date, not a deadline for the licensee to respond.

C. Disciplinary action, fines and sanctions

The operative rule. § 81-885.10 gives the Commission full power over licenses and licensee activity. It may censure, suspend or revoke, enter consent orders, and issue cease and desist orders, and it may impose a civil fine either alone or in combination with any of those.

The cap is the item, and it is not the flat number candidates expect. § 81-885.10(1) lets the Commission fine a licensee for each violation alleged in a complaint on which it finds guilt, and caps the total for each complaint at the greater of five thousand dollars or the total commission the licensee earned in each transaction the complaint covers.

Where this bites, and why the design matters. A flat per-violation ceiling lets a licensee treat the fine as a cost of doing business whenever the commission at stake is larger than the ceiling. Nebraska's formula removes that arithmetic: on a small transaction the five-thousand-dollar floor governs, and on a large one the commission earned governs. It is a floor plus a disgorgement, not a fixed penalty. The Commission also keeps these powers over a licensee's past acts whether or not the person remains licensed, so surrendering or letting a license lapse does not end the exposure.

A different ceiling governs unlicensed activity. Under § 81-885.03, an unlicensed person who violates a cease and desist order is exposed to the greater of one thousand dollars per day or all money earned as commission. Two tracks, two formulas, two different numbers — and the exam will offer you one track's number as a distractor on the other track's question.

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Questions buyers ask

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More questions (14)
Can I read it on my phone?

Yes — the EPUB is for phones and e-readers, the PDF is for printing and tabbing. You get both.

Is a study guide enough for the Nebraska Real Estate Broker exam, or do I need a course?

A book is exam review: it does not replace any education, training or experience Nebraska Real Estate Commission (NREC) requires before you may sit the exam, so check those requirements first. For the exam content itself, this 316-page guide teaches the material chapter by chapter with 80 practice questions and explanations inside, and 466 more practice questions are free on PrepPass. A prep course adds live instruction and a set schedule; whether you need one beyond any required education is your call.

What is the cheapest way to prepare for the Nebraska Real Estate Broker exam?

Start with what costs nothing: 466 practice questions on PrepPass, with explanations and no signup. If you want it taught in one file you keep, the full study guide is $19.99 once. No subscription on any of them.

Who administers the Nebraska Real Estate Broker Examination?

Nebraska Real Estate Commission (NREC) — exam delivered by Pearson VUE

How many questions are on the Nebraska Real Estate Broker Examination?

135–145 questions. 130 scored items — 80 national and 50 state — plus unscored pretest items (5 national, 5–10 state).

How long is the Nebraska Real Estate Broker Examination?

240 minutes. 150 minutes for the national portion and 90 for the state portion.

What is the passing score for the Nebraska Real Estate Broker Examination?

75%. Required on each portion, national and state. A candidate who fails either portion retakes the entire exam.

How much does the Nebraska Real Estate Broker Examination cost?

$150 — License examination fee, per exam (paid to NREC) (Nebraska Real Estate Commission, per attempt); $175 — Licence application fee (Nebraska Real Estate Commission, one-time); $110 — Broker original licence fee (current year only) (Nebraska Real Estate Commission, one-time)

What languages is the Nebraska Real Estate Broker Examination offered in?

Not published by Pearson VUE (Nebraska candidate handbook). None of the documents read names the languages the broker exam is offered in, so PrepPass names none.

Does the Nebraska Real Estate Broker study guide come as a PDF?

Yes — Nebraska Real Estate Broker Exam Study Guide (2026) downloads as PDF and EPUB, 316 pages. The download link is emailed the moment payment clears and does not expire.

How much does the Nebraska Real Estate Broker study guide cost?

$19.99, once. There is no subscription and no account to create; the PDF and EPUB files are yours to keep.

Are there free Nebraska Real Estate Broker practice questions?

Yes — 466 of them, free to use with no signup and an explanation on every one. They are separate from this study guide, which is what you are buying here. The same free, no-account system also has practice modes (adaptive, new questions, spaced review of misses, weak-topic focus, saved, my mistakes); a timed mock exam (50 questions, 240 minutes) with a score report by topic; a 10-question readiness check (about 5 minutes); 16 study chapters. None of it needs this study guide.

Can I read part of the Nebraska Real Estate Broker study guide before buying?

Yes. A full chapter is free to read on this page — not a summary of one, the chapter itself.

Is this the official Nebraska Real Estate Broker study guide?

No. This is an independent study guide and is not affiliated with or endorsed by the exam's awarding body. It is written from Neb. Rev. Stat. sections 20-301 to 20-344 (Nebraska Fair Housing Act) · Laws 2025, LB187 · Pearson VUE #092800 (rev 2025-04 (outline eff. 2023-09-01)). Always confirm current requirements with the body that issues your licence.

Why buy the book when the practice is free?

Our practice questions and timed mock stay free — nothing on the site moves behind this book. The $19.99 book is the studying half: the material itself, taught in order, in a file you own.

  • Systematic teaching — every exam section explained chapter by chapter, start to finish, not just questions
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  • Everything in one place — the chapters and the practice questions in one file
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The details

PrepPass team · Verified against Neb. Rev. Stat. sections 20-301 to 20-344 (Nebraska Fair Housing Act) · Laws 2025, LB187 · Pearson VUE #092800 (rev 2025-04 (outline eff. 2023-09-01)) · How we review
  • Verified from the official source(Neb. Rev. Stat. sections 20-301 to 20-344 (Nebraska Fair Housing Act) · Laws 2025, LB187 · Pearson VUE #092800 (rev 2025-04 (outline eff. 2023-09-01)))
  • 466 free practice questions
Same exam, a fraction of the price
$200–$1,000→$19.99

A real estate broker pre-license course runs $200–$1,000. This book teaches the same exam — same rules, verified to current standards — for a one-time $19.99 you keep for life.

Also free on PrepPass for Nebraska Real Estate Broker

Beside this guide, PrepPass has a free study system for the same exam. It needs no account, and buying the guide does not unlock or change it: 466 practice questions with explanations; practice modes (adaptive, new questions, spaced review of misses, weak-topic focus, saved, my mistakes); a timed mock exam (50 questions, 240 minutes) with a score report by topic; a 10-question readiness check (about 5 minutes); 16 study chapters.

Progress is saved in your browser; a free account keeps it across devices. The readiness gauge reflects your own practice, not a prediction of the real exam result. How the practice works

One-time purchase, lifetime access to the download. The eBook is the full Nebraska Real Estate Broker study guide in PDF and EPUB. Educational summary, not professional or legal advice — always confirm the current rules with the official source. Last updated: October 2026.

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