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In this video, Seth explains how to create a warranty deed and a quitclaim deed, emphasizing that while the two types of deeds differ significantly, the information required for both is quite similar. He outlines the process of assembling a deed, indicating it is straightforward regarding the necessary details. Seth will use blank templates he has previously worked with to illustrate the process but cautions viewers that these templates may not be applicable in all 50 states due to varying laws and regulations related to deeds. Therefore, he advises checking state-specific requirements before use.