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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting the differences between these two types while noting that the required information is quite similar. He emphasizes that drafting a deed is a straightforward process. Seth will demonstrate using blank templates he has previously utilized, but cautions viewers that these templates may not be applicable in all 50 states due to varying laws and statutes. He advises against using the templates indiscriminately, as specific legal requirements must be considered based on the state where the property is located.