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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 description of the property. Various types of deeds exist, but this summary focuses on general warranty deeds and special warranty deeds. A warranty deed guarantees the grantee that the grantor holds legal title to the property, assuring the buyer of the grantor's ownership and right to sell. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.