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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting the differences between the two. He emphasizes that, while the types of deeds are distinct, the information required for both is quite similar. Seth reassures viewers that creating a deed is straightforward regarding the necessary details. He will demonstrate using blank templates, but he warns that these templates may not be applicable in all 50 states due to varying local laws and statutes. Viewers are advised to check their state's requirements before using any templates.