Quit Claim Deed Instead of Foreclosure

[Jason Lee]

When selling a property using contract for deed I have read about people also preparing a quit claim deed.  The quit claim deed is held in case the buyer defaults.  

I am about to sell a second property using contract for deed.  My first property was sold over 12 months ago, and I did not have the buyer sign a quit claim deed.  I have not had problems collecting payments.  I am looking towards the future is all.

According to my contract for deed my buyer would receive a 14 day notice to cure their default.  If it is not remedied then they receive a second 14 day notice to cure the default. 

Is there a problem preparing a quit claim deed to hold against default, or am I circumventing foreclosure laws by doing this?