10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
The NREC-S exam has 130 questions and runs 4 hours.
These 10 free NREC-S questions are organized by exam domain, so you can see how each part of the Nebraska Real Estate Salesperson Exam blueprint is tested. Reveal the answer and explanation under each question.
A bakery leases retail space. It bolts a commercial oven and ventilation hood to the premises solely for its business. Before the lease expires, the bakery removes both items, repairs all resulting damage, and leaves no material injury. How should the items be classified?
Correct answer: C - Trade fixtures removable by the tenant under these facts
During an inspection, a buyer sees a well-worn driveway from the neighboring parcel crossing the property, although the title search shows no recorded easement. What is the buyer's most immediate title concern?
Correct answer: A - The visible use creates inquiry notice requiring investigation
A comparable sold for $420,000. Its finished basement contributes $30,000 more than the subject's unfinished basement, while the subject's newer roof contributes $10,000 more than the comparable's roof. With no other differences, what is the adjusted sale price?
Correct answer: D - $400,000, subtracting $30,000 and adding $10,000
A radon test for a listed home reports 5.2 pCi/L. The listing agent is asked whether the result can be ignored because the home has no visible defects. Which response is most defensible?
Correct answer: B - Disclose it and recommend evaluation by a qualified radon professional
Two days before consummation, the lender issues a corrected Closing Disclosure that adds a prepayment penalty not shown before. What happens to the federal waiting period?
Correct answer: D - A new three-business-day Closing Disclosure period begins
An apartment property has potential gross income of $150,000, vacancy and collection loss of $10,000, operating expenses of $50,000, and annual debt service of $24,000. Comparable investments support a 9% capitalization rate. At a $950,000 purchase price, what does the income analysis indicate?
Correct answer: C - $1,000,000 value; the price is $50,000 below the indication
After a contested hearing, the Nebraska Real Estate Commission finds violations arising from one transaction in a complaint. The licensee earned $7,200 in commission on that transaction. Which statement accurately describes the statutory civil-fine limit?
Correct answer: B - The maximum is $7,200; the Commission may impose less
A Nebraska broker already holds the buyer's earnest-money check when the purchase offer is accepted in writing Thursday at 2:00 p.m. Friday is a normal banking day, and the agreement gives no different deposit instruction. By when must the broker deposit the earnest money?
Correct answer: D - Before the end of Friday, the next banking day
An individual asks a Nebraska salesperson to act as the buyer's agent and show a duplex. The buyer has no written brokerage agreement and has not received the agency disclosure. What sequence is required before the showing?
Correct answer: C - Provide the agency disclosure and enter a written buyer agreement
With informed written dual-agency consent in place, a Nebraska licensee learns two facts: the buyer would pay $20,000 more, and the licensee personally observed a concealed foundation crack that materially affects value. Without further consent, the licensee should:
Correct answer: A - Disclose the crack; keep the buyer's ceiling confidential
The NREC-S exam also covers these domains. Drill them in the full free practice test:
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