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A deed is a legal document that serves as evidence of property ownership transfer, containing essential details such as the transferor's signature, transaction date, party names, and property description. The focus is on two types of deeds: the general warranty deed and the special warranty deed. A warranty deed assures the buyer (grantee) that the seller (grantor) holds legal title to the property and has the right to sell it. Although recording a warranty deed is not mandatory, if it is recorded, it must be acknowledged. This guarantees that the buyer is protected regarding ownership rights.
