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A deed is a legal document that serves as evidence of property ownership transfer in real estate. It typically includes the signatures of the property transferor, the transaction date, the parties' names, and a description of the property. Two main types of deeds are the general warranty deed and the special warranty deed. A warranty deed assures the grantee that the grantor holds legal title to the property, meaning the seller confirms their ownership and right to sell. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.