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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 transaction date, the names of the parties involved, and a description of the property. The main focus is on general warranty deeds and special warranty deeds. A warranty deed guarantees the grantee that the grantor legally owns the property and has the right to sell it. While recording the deed is not mandatory, if it is recorded, the document must be acknowledged. This ensures legal backing for the ownership and protects the buyer's interests.