What is a referee's deed?

Prepare for the Louisiana 90-Hour Course Exam on Real Property, Ownership, Deeds, and Auctions with quizzes, flashcards, and explanations. Master the key concepts and ensure your success!

A referee's deed refers specifically to a deed that is issued or executed following a judicial sale, such as an auction where property is sold under the supervision of a court. This type of deed is often used in cases of foreclosure or when the property has been sold to satisfy a legal judgment.

In this context, the deed serves as a formal transfer of ownership from the seller, usually represented by a referee or a court-appointed official, to the buyer who has successfully bid for the property at auction. The referee, acting on behalf of the court, ensures the sale complies with legal procedures and facilitates the transfer of title to the winning bidder.

Choices that involve guarantees, multiple signatures, or warranties of title do not accurately define a referee's deed, as those characteristics pertain to other types of deeds. A warranty deed, for instance, would guarantee the buyer's rights and include warranties of title. However, in the case of a referee's deed, it is primarily linked to the process of judicial sales and the transfer of property ownership following such sales.

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