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common type of deed used in real estate transactions include general warranty deeds, special warranty deeds, and quitclaim deeds. A deed is a legal document that transfers ownership from one party to another, while title refers to ownership rights. General warranty deeds provide the most guarantees and protection for buyers, as the seller promises clean title and authority to sell the property. Special warranty deeds offer similar protections, but only for a specific period of time. Quitclaim deeds provide the least amount of protection, as they simply transfer whatever interest the seller may have in the property.