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A deed is a legal document that serves as evidence of property ownership transfer in real estate. It includes the signature of the transferor, transaction date, involved parties' names, and the property's description. The focus is on two types of deeds: the general warranty deed and the special warranty deed. A warranty deed assures the grantee that the grantor has legal title to the property, meaning the seller certifies ownership and the right to sell. While recording the deed is not mandatory, if it is recorded, the document must be acknowledged.