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A deed is a legal document that transfers property ownership rights in real estate, typically containing the signature of the transferor, transaction date, parties' names, and property description. There are different deed types, with today's focus on general warranty and special warranty deeds. A warranty deed guarantees the grantor's legal title to the property, promising the buyer ownership rights. Recording is not mandatory, but if done, the document must be acknowledged. Warranty deeds provide assurance of property ownership.
