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A deed is a legal document that serves as evidence of the transfer of property ownership rights in real estate. It includes the signature of the person transferring the property (the grantor), the transaction date, the names of the parties involved, and a property description. There are various types of deeds, but the focus here is on the general warranty deed and the special warranty deed. A warranty deed guarantees the grantee that the grantor has legal title to the property, assuring the buyer that the seller owns the property and has the right to sell it. While recording is not mandatory for a warranty deed, if it is recorded, the document must be acknowledged.