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A deed is a legal document that serves as evidence of the transfer of property ownership in real estate. It includes essential elements such as the signatures of the parties involved, the transaction date, and a description of the property. There are various types of deeds, but this discussion centers on the general warranty deed and the special warranty deed. A warranty deed provides the grantee with a guarantee that the grantor holds legal title to the property. The seller (grantor) assures the buyer that they possess ownership rights and the authority to sell the property. While recording the deed is not mandatory, if it is recorded, the document must be properly acknowledged.