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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 parties involved, the transaction date, and a property description. There are various types of deeds, with a focus here on the general warranty deed and special warranty deed. A warranty deed assures the grantee that the grantor legally owns the property and has the authority to sell it. Although recording a warranty deed isn't mandatory, if it is recorded, the document must be acknowledged. This guarantees the buyer that the seller indeed holds legal title to the property.