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A deed is a legal document that serves as evidence of property ownership transfer in real estate. It includes the signatures of the parties involved, the transaction date, and a property description. There are various types of deeds, but the focus here is on the general warranty deed and the special warranty deed. A warranty deed provides the grantee with a guarantee that the grantor has legal title to the property, ensuring the seller (grantor) affirms their ownership and right to sell. While recording is not mandatory, if a warranty deed is recorded, it must be acknowledged.