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A deed is a legal document that serves as evidence of property ownership transfer in real estate, containing the signature of the transferor, transaction date, names of involved parties, and a property description. Among various deed types, the focus is on general and special warranty deeds. A warranty deed assures the buyer (grantee) that the seller (grantor) holds legal title to the property and has the authority to sell it. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged. These elements ensure that the property transfer is legally recognized and protects the buyer's rights.