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In this video, Seth explains the process of creating a warranty deed and a quick claim deed, highlighting the differences between the two while noting that the required information is fairly similar. He emphasizes that creating a deed is straightforward and will demonstrate the basics using blank templates. However, he cautions that these templates may not be applicable in all 50 states due to varying laws and statutes. Viewers are advised not to use the templates indiscriminately and to consider the specific regulations of their state when preparing a deed.