What is a Trustee's deed?

[Dan Perrott]

I am reviewing a listing in the MLS and it contains this statement:

"Subject to bankruptcy court approval. Trustee's deed and sold as is where is."

What is a trustee's deed and what impact would it have on me purchasing the property?  From my prospective, will it cost me additional $ to get a clear title?   Any information on trustee deeds would be great.  I have searched the forums and have a little understanding of them.  Just want to be better educated before jumping into a deal like this.