Nebraska Revised Statutes

Neb. Rev. Stat. § 76-2401 (2026)

Legislative findings

✓ current as of July 2026
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The Legislature finds, determines, and declares that (1) the application of the common law of agency to the relationships between real estate brokers or salespersons and persons who are sellers, landlords, buyers, or tenants of rights and interests in real property has resulted in misunderstandings and consequences that are contrary to the best interests of the public, (2) the real estate brokerage industry has a significant impact upon the economy of the State of Nebraska, and (3) it is in the best interests of the public to codify in statute the relationships between real estate brokers or salespersons and persons who are sellers, landlords, buyers, or tenants of rights and interests in real property.

Notes of Decisions
Cited in 3 cases, 2000–2010 · leading case: Ruble v. Reich, 611 N.W.2d 844 (Neb. 2000).
Ruble v. Reich, 611 N.W.2d 844 (Neb. 2000). · cites it 3× “See Neb. Rev. Stat. §§ 76-2401 to 76-2430 (Reissue 1996).”
McCully, Inc. v. Baccaro Ranch, 778 N.W.2d 115 (Neb. 2010). · cites it 4× “" [5] The consequence for violating any provision of Neb. Rev.Stat. §§ 76-2401 to 76-2430 (Reissue 2009) is that such violation is considered an unfair trade practice [6] and is subject to administrative action under the Nebraska Real Estate License Act.”
Agri Affiliates, Inc. v. Bones, 660 N.W.2d 168 (Neb. 2003). “sing in writing to the client all adverse material facts actually known by the licensee; and (iv) Advising the client to obtain expert advice as to material matters about which the licensee knows but the specifics of which are beyond the expertise of the licensee; (d) To account…”
— Neb. Rev. Stat. § 76-2401(3) — 1 case
McCully, Inc. v. Baccaro Ranch, 778 N.W.2d 115 (Neb. 2010). “" [5] The consequence for violating any provision of Neb. Rev.Stat. §§ 76-2401 to 76-2430 (Reissue 2009) is that such violation is considered an unfair trade practice [6] and is subject to administrative action under the Nebraska Real Estate License Act.”
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