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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting the differences between the two types of deeds while noting that the required information is fairly similar. He emphasizes that creating a deed is straightforward in terms of the information needed and the assembly process. Seth will use blank templates from his past for demonstration but cautions that these templates may not be applicable in all 50 states due to varying laws and statutes. Therefore, he advises viewers to be aware of their state-specific requirements before using the templates.