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A deed is a legal document that transfers property ownership rights in real estate, containing the signature of the person transferring the property, the transaction date, party names, and property description. There are different types of deeds, like general warranty deed and special warranty deed. A warranty deed guarantees the grantor’s legal title to the property, promising the buyer that the seller owns the property and has the right to sell it. Recording is not required for warranty deeds, but if recorded, the document must be acknowledged.
