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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 (grantor), the transaction date, names of involved parties, and property description. There are various types of deeds; this tutorial focuses on the general warranty deed and special warranty deed. A warranty deed guarantees the grantee that the grantor holds legal title to the property, meaning the seller assures the buyer of ownership and the right to sell. Although recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.