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guardian deed. Court appointed deed given to a guardian in charge of the sale of real estate. A guardian deed is granted when the original owner is incapable of making decisions regarding their personal affairs or property.
Legal Definition of deed. 2 : a written instrument by which a person transfers ownership of real property to another â see also deliver, grantee, grantor, recording act, registry, title â compare certificate of title Editor's note: A deed must be properly executed and delivered in order to be effective.