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A deed is a legal document that serves as evidence of the transfer of property ownership rights in real estate. It includes essential information such as the signatures of the parties involved, the transaction date, and a description of the property. There are various types of deeds, with a focus here on the general warranty deed and the special warranty deed. A warranty deed provides the grantee (buyer) with a guarantee that the grantor (seller) holds legal title to the property, ensuring the seller's right to sell it. While recording the deed is not mandatory, if it is to be recorded, proper acknowledgment is necessary.