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Which deed is used in bankruptcy proceedings and foreclosures (this document is given to the highest bidder at the foreclosure sale)?

a. Special warranty deed
b. Executor's deed
c. Sheriff's deed
d. Bargain and sale deed

User Prdatur
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1 Answer

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Final answer:

The sheriff's deed is used in bankruptcy proceedings and foreclosures to transfer ownership of the property to the highest bidder at the foreclosure sale.

Step-by-step explanation:

The correct answer is c. Sheriff's deed. In bankruptcy proceedings and foreclosures, the sheriff's deed is the document that is given to the highest bidder at the foreclosure sale.

This deed transfers the ownership of the property from the previous owner to the highest bidder. It is commonly used to execute a foreclosure sale and ensure the legal transfer of the property.

User TridenT
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