PROPERTY ASSISTANCE CORP. v. ROBERTS

No. 870489-CA.

768 P.2d 976 (1989)

PROPERTY ASSISTANCE CORPORATION, a Utah corporation, Plaintiff and Respondent, v. Douglas C. ROBERTS and Betty J. Roberts, Defendants and Appellants.

Court of Appeals of Utah.

January 31, 1989.


Attorney(s) appearing for the Case

M. David Eckersley, Salt Lake City, for defendants-appellants.

Ellen M. Maycock, Salt Lake City, for plaintiff-respondent.

Before DAVIDSON, BENCH and JACKSON, JJ.


BENCH, Judge:

Defendants seek reversal of a decree of specific performance for the sale of real property. On appeal, defendants claim error in the trial court's finding that the contract at issue was not an option contract. We affirm.

Plaintiff Property Assistance Corporation (Property Assistance) is a Utah corporation in the business of investing in distressed real estate. In January 1986, William Oelerich, president and sole employee of Property Assistance...

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