How many brokers are on the Broker-Lawyer Committee?

Prepare for the Texas Contract Law Exam. Study with engaging multiple choice questions, each with explanations. Get ready to excel in your Texas Contract Law Exam!

The Broker-Lawyer Committee, which is a body established to draft and revise contract forms for real estate transactions in Texas, is composed of a specific number of members representing both the legal and real estate professions. The committee consists of a total of 13 members, but crucially, among them are six licensed real estate brokers. This composition reflects the importance of including professionals with practical experience in real estate transactions in the drafting process, ensuring that the forms developed are both legally sound and practical for use in the field. The inclusion of six brokers fosters collaboration between lawyers and brokers, promoting a comprehensive understanding of the real estate market and its legal nuances.

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