Property OwnershipDeed_typesEASY
Marie is purchasing a home in Baton Rouge. At closing, the seller executes a document transferring ownership of the immovable property to Marie before a notary public and two witnesses. Under Louisiana law, what is this transfer document most accurately called?
Correct Answer
A) Act of Sale
Under Louisiana Civil Code and the state's unique Civil Law system, the transfer of immovable property (real estate) is accomplished through an 'Act of Sale' rather than a deed. The Act of Sale must be executed before a notary public and two witnesses, or by authentic act, to be valid and recordable. This terminology is exclusive to Louisiana and reflects its Napoleonic Code heritage. See La. Civil Code Art. 1839 and La. R.S. 35:11 et seq.
Answer Options
A
Act of SaleB
General Warranty DeedC
Quitclaim DeedD
Sheriff's DeedWhy This Is the Correct Answer
Sign up free to unlock full analysis
Why the Other Options Are Wrong
Sign up free to unlock full analysis
Deep Analysis of This Property Ownership Question
Sign up free to unlock full analysis
Background Knowledge for Property Ownership
Sign up free to unlock full analysis
Sign up free to unlock full analysis
Real World Application in Property Ownership
Sign up free to unlock full analysis
Common Mistakes to Avoid on Property Ownership Questions
Sign up free to unlock full analysis
Related Topics & Key Terms
Key Terms:
act_of_saleimmovable_propertycivil_lawnotarial_actdeed_types
Was this explanation helpful?
More Property Ownership Questions
Idaho water rights:
Kansas follows which recording system?
Louisiana's homestead exemption protects:
An encroachment occurs when:
An easement appurtenant in Alabama:
- → An easement by necessity is typically created when a property is in which situation?
- → A Texas property owner grants an oil company the right to drill on their land. This is called:
- → Recording of deeds in Maine is done at the:
- → Alabama's lead-based paint disclosure applies to homes built before:
- → Under Idaho Code §55-1003, what is the current homestead exemption amount that protects a homeowner's primary residence from creditors?
- → Wisconsin is a:
- → In Illinois, which deed provides the greatest protection to the buyer?
- → What is the homestead exemption amount that Oregon law provides to protect a qualifying homeowner's equity from most unsecured creditors?
- → In Vermont, joint tenancy with right of survivorship requires:
- → Pennsylvania's adverse possession statute requires occupation for:
