Nebraska Statutes

§ 76-2426 — Misrepresentation; liability

Nebraska·Ch. 76 Real Property
(1)A client shall not be liable for a misrepresentation of his or her limited agent arising out of the limited-agency agreement unless the client knew or should have known of the misrepresentation.
(2)A licensee who is serving as a limited agent or subagent of a client shall not be liable for a misrepresentation of his or her client arising out of the brokerage-services agreement unless the licensee knew or should have known of the misrepresentation.
(3)A licensee who is serving as a limited agent of a client shall not be liable for a misrepresentation of any subagent unless the licensee knew or should have known of the misrepresentation.
(4)A licensee who is serving as a subagent shall not be liable for a misrepresentation of the primary limited agent unless the subagent knew or shoul

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Legislative History

Source: Laws 1994, LB 883, § 26; Laws 2002, LB 863, § 9.

Nearby Sections

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