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Deeds are used to transfer property, with the primary types being general warranty, special warranty, and quit claim deeds. A deed is a legal document that transfers ownership, which also means title. General warranty deeds offer the most protection for buyers, with the seller promising clean title and authority to sell the property. Special warranty deeds offer some protection, while quit claim deeds offer no guarantees. Understanding the differences between each type of deed is crucial in real estate transactions.
