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In this video, Seth explains the process of creating a warranty deed and a quick claim deed, highlighting that while the two types of deeds are very different, the information required for both is quite similar. He emphasizes that creating a deed is straightforward, and he will demonstrate using blank templates he has used before. However, he cautions that these templates may not be applicable in all 50 states due to varying laws and statutes that must be incorporated based on the state where the property is located. Seth aims to provide a basic understanding of how to accurately prepare these deeds.