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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting that while the two types are significantly different, the information required for both is quite similar. He emphasizes that drafting a deed is straightforward in terms of the necessary details and the assembly process. Seth will demonstrate using blank templates, but he warns viewers that these templates may not be applicable in all 50 states due to varying laws and statutes. He advises against using the templates universally, as specific state requirements must be considered when preparing deeds.