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In this video, Seth explains how to create a warranty deed and a quick claim deed, highlighting that these two deed types are distinct but share similar information requirements. He emphasizes that drafting a deed is straightforward, and he will demonstrate the process using blank templates he's used in the past. However, he cautions viewers that these templates may not be applicable in all 50 states due to varying laws and regulations that must be tailored to each state's specific requirements. The tutorial aims to provide the basics of deed preparation without suggesting the indiscriminate use of the provided templates.