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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting the key differences between the two. He emphasizes that while the types of deeds vary, the necessary information for both is fairly similar. Seth assures viewers that drafting a deed is relatively straightforward, and he will guide them through the basics using blank templates he's previously utilized. However, he cautions that these templates may not be universally applicable across all states, as various states have unique laws and requirements for deeds that must be considered. Viewers are advised to be aware of their specific state regulations when using the templates.