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In this video, Seth guides viewers through creating a warranty deed and a quitclaim deed, highlighting their key differences. While the two types of deeds have distinct legal implications, the information required to create them is quite similar. Seth emphasizes that drafting a deed is relatively straightforward and will demonstrate the process using blank templates. However, he cautions that these templates may not be suitable for all 50 states due to varying laws and regulations pertaining to deeds. Therefore, he advises against using the templates without ensuring they comply with the specific requirements of the relevant state laws.