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In this video, Seth explains how to create a warranty deed and a quitclaim deed, emphasizing that while the two types of deeds differ significantly, the information required for both is quite similar. He notes that drafting a deed is straightforward, highlighting the basic information needed and the assembly process. Seth will demonstrate using blank templates he's previously used, but cautions viewers that these templates may not be valid in all 50 states due to varying state laws and requirements. He advises not to use the templates without checking state-specific regulations.