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In this tutorial by Anne Slayton from Excel Title Group, she explains the importance of the warranty deed (T V) in a real estate transaction. The warranty deed is a document that transfers title from the seller to the buyer. It signifies that the seller legally owns the property and is now transferring ownership to the buyer. In this particular case, the warranty deed with a vendor lien is discussed, indicating that the buyer has secured a loan to purchase the property. This document is a crucial part of the closing process, ensuring a valid transfer of property ownership.
