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A deed is a legal document that transfers property ownership rights in real estate. 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, but the focus is on the general warranty deed and the special warranty deed. A warranty deed gives the grantee a guarantee that the grantor has 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 recorded, the document must be acknowledged.
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