Property Management requirements in Nebraska
Must Nebraska property management companies have a real estate broker's license?
YES. Key components of property management (renting, leasing and collecting rents) are considered real estate activities under existing Nebraska real estate licensing laws. If a property manager is going to lease, rent, list, collect rents, procure prospects or negotiate, assist, or offer to perform any of those acts, he or she will need a broker's license. A salesperson working under a broker may engage in such activities.
Are there any exceptions to the requirement that a Nebraska property manager have a property management license?
Yes. For example, on-site residential managers of apartment buildings are exempt if the leasing of the property is in connection with their employment.
Before hiring a property manager to manage your Nebraska rental property, you should always check that he or she is licensed appropriately. You can check the license status of Nebraska property managers at the Licensee and Applicant Information Search.
Nebraska Community Association Management Licensing
NO. A broker's license is not required to manage community associations or condo associations in Nebraska.
Nebraska Real Estate Broker Licensing Requirements
Nebraska real estate broker licensing requirements include:
Nebraska Real Estate Salesperson Licensing Requirements
Nebraska real estate salesperson licensing requirements include:
For more information about these and other licensing requirements, please contact the Nebraska Real Estate Commission. Specific information about licensing, including forms, can be found at the Commission's Licensing and Forms webpage.
IMPORTANT: This information is intended for informational purposes only and under no circumstances should it be considered legal advice or relied upon without first confirming its contents with your state real estate commission. Laws are updated frequently, and this information may not reflect the current law in your state. To confirm the specific requirements for each state, please contact your state real estate commission.