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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.
In real estate in the United States, a deed of trust or trust deed is a deed wherein legal title in real property is transferred to a trustee, which holds it as security for a loan (debt) between a borrower and lender. The equitable title remains with the borrower.