Can I Start a Land Sales Contract After I Have Quitclaimed a Piece of Land

[martin007]

My question involves real estate located in the State of: California



Land Owner is Person A- here referred to as "I".
Land Name transfer to is Person B

I have an empty land that I want to transfer title to Person B.
I went to someone who advised me to quitclaim the land to Person B, so I did. Now I want to know if I can process a land sales contract to Person B -for tax purposes- I need to show on paper that I received certain amount of money from Person B for the land in question.

Person B received a copy of the quitclaim from the Assessor - Recorder which we signed at the Notary Public's office. However, Person B has not received the Grant Deed of the land on Person's B name yet.

In the Quitclaim note, there is a line that says: DOCUMENTARY TRANSFER TAX $_____ I notice that the Notary Public wrote 0 -zero-
I assumed what he did is do the Quitclaim as a gift.

How should I proceed to process a "Land Sales Contract"?

I appreciate your kind reply

Regards,
Martin

[Mr. Knowitall]

You need to show that you received money in order to accomplish what? If you did not in fact receive money, are you asking us to help you commit tax fraud?