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Deeds are legal documents used to transfer property ownership, with the most common types being general warranty, special warranty, and quit claim deeds. A deed represents the transfer of ownership from a grantor to a grantee, establishing title to the property. General warranty deeds offer the most guarantees and protection for buyers, as the seller promises clean title and authority to sell the property. Title and deeds are often confused, but title refers to ownership rights while a deed is the physical document transferring ownership.