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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting the significant differences between the two types. He notes that while the specific information required in each document varies, the overall process of assembling a deed is quite straightforward. Seth will demonstrate the basics using blank templates from his past experiences but cautions viewers that these templates may not be valid in all states due to varying laws and regulations. It’s important to consider state-specific requirements when preparing deeds to ensure they are legally compliant.