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In this video, Seth explains the process of creating a warranty deed and a quick claim deed. Although these two types of deeds are different, the information required for both is similar. Creating a deed is straightforward in terms of the information needed and how to compile it. Seth provides a basic overview using blank templates, but notes that these templates may not be valid in all 50 states due to varying laws and requirements. It is important to research and ensure compliance with state regulations before using these templates.