| Item | Value |
|---|---|
| Is an assignment legal here? | yes |
| What the matrix says about it | Assignment of one's own purchase contract is a common-law right and is not itself licensed activity in this state; the constraint is on MARKETING and on DISCLOSURE. |
| Marketing rule the gate enforces | own_account_exemption_not_located |
| What that means in practice | The definition contains no numeric threshold and F5259 did not verify the separate exceptions elsewhere in the Nebraska Real Estate License Act. Because the own-account footing is the ENTIRE basis of our model, Nebraska FAILS CLOSED until counsel confirms which statutory exception applies. Secondary industry sources assert Nebraska is a 'licence always required' state; F5259 neither confirms nor adopts that. |
| What triggers a licence requirement | Neb. Rev. Stat. 81-885.01 reaches 'any person who, for any form of compensation or consideration or with the intent or expectation of receiving the same from another, negotiates or attempts to negotiate the listing, sale, purchase, exchange, rent, lease, or option for any real estate'. F5259 located NO express own-account exemption inside 81-885.01. |
| Written seller disclosure required? | yes |
| Basis for the disclosure | Contract term + state UDAP/consumer-protection statute. |
| Statutory wording required? | no |
| F5259 bucket | EXCLUDE |
| Condition the gate enforces | EXCLUDED pending verification of the Nebraska Real Estate License Act exceptions (the sections around 81-885.04). This is a research gap, not a confirmed prohibition. |
| Verification status | PRIMARY_STATUTE |
| Attorney review required before first use? | yes |
| Lead class | Verdict |
|---|---|
| land | NO |
| preforeclosure non owner occupied | NO |
| preforeclosure owner occupied | NO |
| probate | NO |
| tax delinquent | NO |
the whole grid · probate in NE · the disclosure blocks
Not legal advice. We are not a law firm and we do not draft documents for anyone else. A template is a starting point for a transaction you are a principal in; it is not a substitute for a lawyer licensed in the state the property sits in, and in several states the disclosure below has statutory wording that must be copied exactly. Have counsel read it before you sign.
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