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A deed is a legal document that evidences the transfer of property ownership rights in real estate. It includes essential elements such as the grantor's signature, the transaction date, the parties' names, and a description of the property. There are various types of deeds, with a focus here on general warranty deeds and special warranty deeds. A warranty deed guarantees that the grantor has legal title to the property, assuring the buyer that the seller owns the property and has the right to sell it. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.