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In this video tutorial, Matthieu explains how to create a warranty deed using legal templates from legaltemplates.net. To start, go to the real estate section and select warranty deed. Choose the type of warranty deed, provide grantor information, select the state (Texas in this case), and enter grantee details. Add any additional grantors if necessary, fill in the addresses, and the deed is ready to be created. Click 'create' to complete the process.