What are the primary duties of the Broker-Lawyer Committee?

• A. To mediate disputes between licensees.
• B. To draft and revise contract forms for approval and adoption by TREC.
• C. To discipline licensees.
• D. To conduct property appraisals.

Answer: (B)

The main idea here is that this committee’s job is to create and update the standardized contract forms used in real estate transactions and have them approved and adopted by the Texas Real Estate Commission. The brokers and lawyers on the committee review current laws, regulations, and practice to draft forms that accurately reflect what parties can and should include in a transaction. Once the forms are drafted, they’re submitted to the commission for approval, and upon approval they become the statewide set of forms that licensees use, which helps ensure consistency and reduces legal risk for both buyers and sellers.

This role focuses on form creation and updates, not on mediating disputes, disciplining licensees, or performing appraisals. Those duties belong to other parts of the regulatory system or different professionals.