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In this video, Seth explains how to create a warranty deed and a quick claim deed, highlighting their differences. He notes that while the types of deeds vary significantly, the information required for both is quite similar. Seth emphasizes that preparing a deed is straightforward and will demonstrate the process using blank templates he has previously utilized. However, he warns viewers that these templates may not be valid in all 50 states due to varying laws and regulations, advising caution before using them in practice.