Florida Broker Practice Exam

Which type of deed acts on behalf of a minor?

1. Personal representative deed

2. Guardian's deed

3. Committee deed

4. Trustee's deed

The correct answer is: Guardian's deed

The guardian's deed is specifically designed to act on behalf of a minor or an incapacitated person. This type of deed allows a legal guardian, who has the authority to manage the affairs of a minor, to execute real estate transactions. The guardian's deed provides a legal mechanism for the transfer of property rights, ensuring that the interests of the minor are protected under the law. To elaborate, a guardian is typically appointed by the court to oversee the welfare and property of a minor or an individual who cannot manage their own affairs. The guardian’s authority is rooted in a court order, which validates the actions taken regarding property on behalf of the person they are representing. In many cases, this includes the sale, transfer, or mortgage of real estate. This contrasts with other deed types. For instance, while a personal representative deed is used by someone designated to manage the estate of a deceased individual, and a trustee's deed is associated with a trust arrangement where a trustee manages property for the benefit of others, neither addresses the specific situation of acting for a minor. A committee deed generally pertains more to arrangements involving incapacitated adults rather than minors, thereby reinforcing the tailored emphasis of the guardian's deed for protecting those who cannot legally act for themselves.