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A deed is a legal document that serves as evidence of the transfer of property ownership rights in real estate. It typically includes the signatures of the transferor, the transaction date, the names of the parties involved, and a description of the property. There are various types of deeds, with a focus on the general warranty deed and the special warranty deed. A warranty deed guarantees that the grantor (seller) holds legal title to the property and has the right to sell it to the grantee (buyer). While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.