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