Property Ownership
In Louisiana, which document formally transfers ownership of immovable property from seller to buyer?
AA purchase agreement
BAn Act of Sale (cash sale deed) executed before a notary✓ Correct
CA mortgage note
DA bond for deed
Explanation
The Act of Sale (also called a cash sale deed or act of sale of immovable property) is the Louisiana authentic act that formally conveys title from seller to buyer. It must be executed before a civil law notary and recorded in the parish conveyance records to be effective against third parties.
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