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A deed is a legal document that serves as evidence of property ownership transfer in real estate, containing the signatures of the transferring party, the transaction date, the names involved, and a property description. Different types of deeds exist; this summary focuses on the general warranty deed and the special warranty deed. A warranty deed guarantees the grantee that the grantor holds legal title to the property, ensuring the buyer that the seller, the grantor, legally owns the property and has the right to sell it. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.
