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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 transferring party, the transaction date, the names of the involved parties, and a description of the property. The focus is on two main types of deeds: the general warranty deed and the special warranty deed. A warranty deed assures the grantee that the grantor holds legal title to the property, meaning the seller confirms ownership and the right to sell. Although recording the warranty deed is not mandatory, if it is recorded, the document must be acknowledged.