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Deeds are used to transfer property, with three common types being general warranty, special warranty, and quit claim deeds. A deed is a legal document that transfers ownership, while title refers to the right to use the property. General warranty deeds provide the most protection for buyers, as the seller guarantees clean title and the authority to sell the property. Special warranty deeds offer some protection, while quit claim deeds offer no guarantees. Understanding the differences between these deed types is crucial in real estate transactions.
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