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A deed is a legal document that serves as evidence of property ownership transfer in real estate. It includes the signatures of the transferring party, the date, the names of the parties involved, and a description of the property. There are various types of deeds, but the focus here is on the general warranty deed and the special warranty deed. A warranty deed assures the grantee that the grantor holds legal title to the property, with the seller (grantor) affirming ownership and the right to sell. While recording the deed is not mandatory, if it is recorded, it must be acknowledged.