What is a fiduciary deed, and when is one used?
What will be an ideal response?
A fiduciary deed is a special warranty deed signed by a fiduciary, such as a personal representative of an estate, a guardian or a minor, or a trustee. A fiduciary deed usually is used when the grantor is not able to sign the deed, such as when the grantor is deceased, under age, or does not have the legal mental capacity because the grantor has been adjudicated incompetent.
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A. True B. False
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Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)