Tuesday, July 28, 2009

Nebraska officialas shut down TransCanada right of way acquisitions in state

LINCOLN, Nebr. – After reportedly receiving a number of complaints, the Nebraska Real Estate Commission (NRES) has shut down the firm acquiring easements for TransCanada in the state.
According to Terry L. Mayrose, deputy director for enforcement at NRES, TransCanada Pipeline had contracted with Universal Field Services to negotiate leases with owners of Nebraska property. Because no one at Universal held a Nebraska real estate license, Universal was found to be in violation of Nebraska statutes requiring brokers of real estate to hold real estate licenses.
NRES issued a cease and desist order to Universal on June 24 directing it to stop negotiating leases with Nebraska landowners until they obtained real estate licenses.
Universal employees are now going through the Nebraska real estate licensing process, which takes about five to six weeks, and includes, in part, a criminal background check, pre-license education, filing an application, passing a test, obtaining error and omission insurance, and other requirements. (Source: Pipeline Safety Trust, Bellingham, Wash.)

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