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In this video tutorial, Seth explains how to create a warranty deed and a quitclaim deed, highlighting their differences while noting that the information required is quite similar. He emphasizes that drafting a deed is straightforward regarding the information needed. Seth will guide viewers through the basics using blank templates from his past experiences. However, he cautions that these templates may not be valid in all 50 states due to varying laws and regulations. Therefore, it's important to consider state-specific requirements before using any templates provided.