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A deed is a legal document that transfers property ownership rights in real estate. It contains the signature of the person transferring the real estate, the date of the transaction, the names of the parties involved, and a description of the property being transferred. There are different types of deeds, but we will focus on general warranty deeds and special warranty deeds. A warranty deed gives the grantee a guarantee that the grantor has legal title to the property and the right to sell it. Recording is not required for a warranty deed, but if done, the document must be acknowledged.
