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In this video, Seth explains how to create a warranty deed and a quick claim deed, highlighting the differences between the two while noting that the information required is quite similar. He emphasizes that drafting a deed is relatively straightforward and will demonstrate the process using blank templates. However, he cautions viewers that these templates may not be valid in all states due to varying laws and regulations. Seth advises against using the templates indiscriminately, as each state has different legal requirements that must be incorporated into the deeds.