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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 transferring party, the transaction date, the names of the involved parties, and a description of the property. There are various types of deeds, but the tutorial specifically addresses the general warranty deed and the special warranty deed. A warranty deed guarantees the grantee that the grantor has legal title to the property, confirming the seller's right to sell. While recording a warranty deed is not mandatory, if it is to be recorded, the document must be properly acknowledged.