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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting their differences while noting that the information required for both is quite similar. He emphasizes that drafting a deed is a straightforward process if you follow the necessary steps. Seth will demonstrate using blank templates he's used before but cautions that these templates may not be valid in all states due to varying laws and requirements. Viewers are advised to be mindful of their state's specific regulations when creating deeds.