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A deed is a legal document that transfers property ownership rights in real estate, containing the signature of the person transferring the property, the date of the transaction, the names of the parties involved, and a description of the property. There are different types of deeds, but the focus is on the general warranty deed and special warranty deed. 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.
