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A deed is a legal document that serves as evidence for the transfer of property ownership in real estate, containing the signatures of the grantor, the transaction date, the parties' names, and the property description. There are various types of deeds; however, the focus here is on general warranty deeds and special warranty deeds. A warranty deed assures the grantee that the grantor truly holds legal title to the property, confirming the seller's right to sell. While recording the deed is not mandatory, if it is recorded, the document must be acknowledged.