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A deed is a legal document that serves as evidence of the transfer of property ownership in real estate. It contains key information, including the signature of the person transferring the property (grantor), the transaction date, the names of the parties involved, and a description of the property. There are various types of deeds, but this discussion focuses on general warranty deeds and special warranty deeds. A warranty deed guarantees the grantee that the grantor holds legal title to the property and has the right to sell it. Although recording the deed is not required, if it is recorded, the document must be acknowledged.