Newbie in Manteca California(Contracts & Memorandums)

[Fernando Ruiz]

Im new to investing in manteca california and my question is when doing a wholesale deal do i simply need to have the owners sign a contract, and after asign the property to whom ever im wholesaling it to? Or do i need to have a memorandum of agreement signed and recorded with the County Recorder's Office also?

Thanks in advance

Fernando Ruiz