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A deed is a legal document that transfers property ownership rights in real estate and serves as evidence of the transfer. It contains the signature of the person transferring the real estate, the date of the transaction, the names of the parties involved, and a description of the property being transferred. There are different types of deeds for different situations, with the focus being on the general warranty deed and the special warranty deed. A warranty deed guarantees that the grantor has legal title to the property and promises the buyer that the property can be sold. Recording is not required for a warranty deed, but if done, the document must be acknowledged.
