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In this tutorial, Seth explains how to create a warranty deed and a quitclaim deed, highlighting their significant differences. He emphasizes that while the information required for both deeds is similar, the process of assembling them is straightforward. Seth intends to demonstrate the basics using templates he's previously utilized, cautioning viewers that these templates may not be universally applicable across all states due to varying laws and statutes. He advises viewers to be mindful of their specific state requirements before using any templates in practice.