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In this video, Seth guides viewers through creating a warranty deed and a quitclaim deed, highlighting that while these two types of deeds differ significantly, the information required for both is quite similar. He emphasizes that preparing a deed is straightforward regarding the necessary information and organization. Seth will use blank templates from his past experiences but cautions that these templates may not be applicable in all 50 states due to varying laws and requirements. He encourages viewers to consider state-specific regulations when preparing deeds.