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In this video tutorial, Seth explains how to create a warranty deed and a quitclaim deed, emphasizing that while these two types of deeds are very different, the information required is largely similar. He outlines the process of assembling a deed, noting that it is straightforward in terms of the information needed. Seth will demonstrate using blank templates, but warns viewers that not all templates are applicable in every state due to varying laws and statutes. He advises caution and recommends checking local regulations before using any templates for creating deeds.