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A deed is a legal document that transfers property ownership rights in real estate and contains the signatures, date of transaction, names of parties, and property description. There are different types of deeds, including general warranty deeds and special warranty deeds. A warranty deed gives the buyer a guarantee that the seller legally owns the property being transferred. Recording is not required but if done, the document must be acknowledged. Warranty deeds provide assurance of legal title to the property being sold.
