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In this video, Seth explains the process of creating a warranty deed and a quitclaim deed, highlighting that while these two types of deeds differ significantly, the information required to compile them is quite similar. He emphasizes that drafting a deed is relatively straightforward regarding the information needed. Seth will demonstrate this using blank templates, but cautions that these templates may not be applicable in all 50 states due to varying laws and statutes. He advises viewers to be mindful of their specific state regulations when creating deeds.