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In this video, Seth explains how to create a warranty deed and a quit claim deed, highlighting their differences. While the documents are distinct, the required information is relatively similar. Seth emphasizes that drafting a deed is straightforward and will guide viewers through the basic process using blank templates. However, he warns that these templates may not be applicable in all 50 states due to varying laws and requirements. He advises viewers to be mindful of their specific state regulations before using any templates for their deeds.