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A deed is a legal document that transfers property ownership rights in real estate, containing the signature of the person transferring the property, the transaction date, party names, and property description. There are different types of deeds, including general warranty deeds and special warranty deeds. A warranty deed guarantees the grantor's legal title to the property, promising the buyer that the property is owned and can be sold. Recording is not required for a warranty deed, but if done, the document must be acknowledged.
