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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting their significant differences. He emphasizes that while the required information for both types of deeds is similar, the process of assembling them is straightforward. Seth uses blank templates he has previously utilized to illustrate the process but warns viewers that the templates may not be valid in all states due to varying laws and requirements. He advises viewers to be cautious and ensure compliance with their specific state's legal regulations before using any templates.