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Good afternoon. The contract for deed
needs to provide that: i) the owner shall transfer title by warranty
deed at such time as the buyer has fulfilled his obligations under the contract; ii) that, without buyer's prior written consent, owner shall not cause or allowed to be caused any lien on the property during the period from the time the contract is signed until the deed is transferred to buyer pursuant to the contract; iii) that owner will sign the warranty deed now and deposit it in escrow
with an independent title company to be delivered to buyer upon buyer's performance under the contract; and iv) that the contract for deed will be recorded in the real property
records of the city/county in which the property is located to establish the buyer's priority.
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