§ 25-229.Action against real estate licensee; when.

Claims against a real estate broker or salesperson licensed under the Nebraska Real Estate License Act follow a structure familiar from other professional-services sections in this article. The basic deadline is two years, but the trigger date isn’t a single fixed event — it’s whichever of three things happens first with respect to the brokerage services at issue: the transaction is completed or closed, the agency agreement is terminated, or an unconsummated transaction is terminated or expires.

That two-year period is protected from being shortened by contract — the parties can’t agree to a shorter deadline — though the period doesn’t apply to disciplinary actions the State Real Estate Commission brings against a licensee, which follow a separate track entirely.

If the cause of action wasn’t discovered and couldn’t reasonably have been discovered within that two-year window, the client gets one year from the date of discovery, or from discovering facts that would reasonably lead to discovery, whichever comes first. But as with the other professional-services sections in this article, that discovery extension has a hard ceiling: no action may be brought more than ten years after the date the licensee rendered, or failed to render, the brokerage services underlying the claim.