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STEINER v. THEXTON

No. S164928.

48 Cal.4th 411 (2010)

226 P.3d 359

MARTIN A. STEINER, Plaintiff and Appellant, v. PAUL THEXTON, as Trustee, etc., Defendant and Respondent; SIDDIQUI FAMILY PARTNERSHIP, Intervener and Appellant.

Supreme Court of California.

March 18, 2010.

Attorney(s) appearing for the Case

Law Office of Robert Vaughan and Robert Vaughan for Plaintiff and Appellant.

Assembly Member Dave Jones as Amicus Curiae on behalf of Plaintiff and Appellant.

Law Office of Klaus J. Kolb and Klaus J. Kolb for Intervener and Appellant and for Plaintiff and Appellant.

June Babiracki Barlow and Neil Kalin for California Association of Realtors as Amicus Curiae on behalf of Intervener and Appellant and Plaintiff and Appellant.

Law Office of David L. Price and David L. Price for Defendant and Respondent.

OPINION

MORENO, J.—

Plaintiff Martin A. Steiner, and his partial assignee, intervener Siddiqui Family Partnership (hereafter collectively referred to as plaintiffs), seek specific performance of a sales agreement with defendant property owner Paul Thexton. Based on language granting Steiner "absolute and sole discretion" to terminate the transaction, the Court of Appeal construed the agreement as an option and further concluded the option...

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