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A deed is a legal document that serves as evidence of property ownership transfer in real estate, detailing the transaction date, names of the parties involved, and a property description. It must contain the signature of the transferor (grantor). There are various types of deeds, but this summary focuses on the general warranty deed and special warranty deed. A warranty deed guarantees to the grantee that the grantor has legal title to the property, assuring the buyer that the seller owns the property and has the right to sell it. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.