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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting that although these two types of deeds are different, the information required is fairly similar. He indicates that the process of creating a deed is straightforward and aims to provide viewers with the basics of assembling the documents. Seth will demonstrate using blank templates from his past, but he emphasizes that these templates may not be applicable in all 50 states due to varying laws and statutes. Therefore, viewers are cautioned against using the templates universally without considering state-specific requirements.