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A deed is a legal document that serves as evidence of property ownership transfer in real estate. It typically includes the signatures of the transferring party (grantor), the transaction date, the names of the involved parties, and a property description. Key types are the general warranty deed and the special warranty deed. A warranty deed guarantees the grantee that the grantor has legal title to the property, assuring the buyer that the seller indeed owns the property and has the right to sell it. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.