| Formal Name: | Abstracters Board of Examiners |
| Contact Person: | Trent Behr |
| Purpose: | To enforce and administer laws in compliance with the Abstracter's Act, safeguarding the welfare and property of Nebraska citizens by determining the proficiency and competency of abstracters who provide information on the legal status of real estate titles. |
| How Many Affectable: | All citizens and entities involved in real estate transactions within Nebraska. |
| How Many Served: | Approximately 100 registered abstracters and multiple abstracting firms statewide. |
| Year Created: | 1965 |
| Year Active: | 1965 |
| Sunset Date: | None |
| Authorization Citation: | Established under the Abstracters Act, Nebraska Revised Statutes 76-501 to 76-558 |
| Parent Agency: | Operates independently as a state board. |
| Number Of Members: | Five |
| Who Appoints: | The Governor of Nebraska |
| Legislative Approval: | Not required |
| Qualifications Of Members: | Three members must be active registered abstracters with at least five years of experience.One member must be a lawyer experienced in real estate law.One member must represent the public. |
| Per Diem: | NA |
| Expense Reimbursement: | Members are reimbursed for expenses incurred during official duties. |
| Term Length: | Five years |
| Terms Rotate or Expire At Once: | Terms Rotate |
| Required FY 21-22: | 2 |
| Held FY 21-22: | 2 |
| Required FY 22-23: | 2 |
| Held FY 22-23: | 2 |
| Required FY 23-24: | 2 |
| Held FY 23-24: | 2 |
| Support Staff: | he board employs a director and may have additional administrative support as needed. |
| Shared or Separate: | Operates with separate support staff. |
| FY 21-22 Budget: | 50000 |
| FY 22-23 Budget: | 52000 |
| FY 23-24 Budget: | 54000 |
| Other Funding Sources: | Funded through license and examination fees. |
| Spending Authority: | Authorized to utilize funds for operational expenses, including examinations, licensing, and enforcement activities. |
| Since July 1, 2020: | Examination Development and Administration: The Board prepares and grades the Abstracter's examination twice annually, issuing Certificates of Registration to individuals who pass.Licensing and Certification: It issues Certificates of Authority to individuals and firms engaging in abstracting, ensuring compliance with the Abstracters Act.Continuing Education Oversight: The Board mandates that each abstracter completes three hours of professional development every two years, reviewing and approving seminars and continuing education programs to maintain high industry standards.Complaint Investigation: It reviews and investigates complaints against licensees, upholding ethical practices and protecting public interest.Regulatory Compliance: The Board enforces and administers laws in compliance with the Abstracters Act, safeguarding the welfare and property of Nebraska citizens by determining the proficiency and competency of abstracters. |