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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting their key differences. He clarifies that while the information required for both types of deeds is quite similar, the processes vary. Seth emphasizes that creating a deed is relatively simple and will guide viewers through the basics using blank templates he has used previously. However, he cautions that the templates may not be applicable in all states due to varying laws and statutes. Viewers are advised to be mindful of their state's specific requirements when drafting deeds.