No action or suit shall be instituted, nor recovery be had, in any court of this state by any person for compensation for any act done or service rendered, the doing or rendering of which is prohibited under the Nebraska Real Estate License Act to other than licensed brokers, licensed associate brokers, or licensed salespersons. A licensed broker may bring an action in the name of a partnership, limited liability company, or corporation if the broker operates under any of such business organizations.
Neb. Rev. Stat. § 81-885.06
Action for recovery of compensation; prohibited, except to licensed brokers, associate brokers, or salespersons
Applied in 2 court decisions — leading case Peterson & Vogt v. Livingston (1980)
Most recently applied in Kerry-Rand & Associates v. Peddicord (December 1983)
Laws 1973, LB 68, § 6; Laws 1978, LB 361, § 2; Laws 1983, LB 182, § 6; Laws 1993, LB 121, § 531.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.