A real estate contract is valid in the State of California if there is an exchange of something of value between two parties. Find mortgage loan agreement lawyers for Los Angeles, CA to hire.No cost to post a project to get multiple bids in hours to compare before hiring. A contract for deed, also known as a land contract or installment sale, is a type of seller financing that lasts from three to five years. Governor Newsom signed AB 2424, which establishes a significant set of new foreclosure notification and sale requirements for mortgage lenders. Our attorneys specialize in Los Angeles Real Estate Contracts and California Real Estate Law. Our skills and knowledge of real estate law is second to none. Southern California has a law firm with talented real estate attorneys waiting to help. We Are Ready to Fight for Your Home and Your Rights. As of October 11, 2009, California also has a law covering higher- priced mortgage loans.