CLAYTON, Justice.
Appellants appeal from an order of reimbursement for damages from the Real Estate Recovery Fund created by the Real Estate License Act. Tex.Rev.Civ.Stat.Ann. art. 6573a, § 8 (Vernon Supp.1978), hereinafter referred to as the Act. The effective date of this Act was May 19, 1975.
On March 25, 1975, appellants, Mr. and Mrs. Jack Fritsch, entered into a contract of sale for the purchase of approximately eleven acres of land from James...
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