1 Neb. Admin. Code, r. 9, § 006

Current through September 17, 2024
Section 1-9-006 - Unfair Practices

Unfair practices which are a violation of the Abstracters Act shall include:

Failure to disclose an agency relationship to or an interest in any title insurance business, law firm, real estate or insurance business, or any other business or enterprise, to a customer, in the event that the holder of the Certificate of Registration or the holder of the Certificate of Authority would receive a fee, directly or indirectly, from such a relationship or interest during a transaction involving real estate in which the holder is retained to provide abstracting services for such customer;

Paying or allowing a rebate of fees for abstracting services, including but not limited to, rendering a statement to be passed on to third parties, which does not reflect the true amount actually charged for such services, or charging an amount from which a rebate is to be paid to any person or entity;

Failure by any person or business entity to be, have or employ a Registered Abstracter, (1) if such person or entity offers, directly or indirectly, to furnish abstracting services; or, (2) by the use of a business or trade name, letterhead, advertisement, or public announcement appearing to be authorized to furnish abstracting services;

Other violations of the Abstracters Act.

1 Neb. Admin. Code, r. 9, § 006

Adopted effective 12/26/2018