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In this video tutorial, Seth explains how to create a warranty deed and a quit claim deed, highlighting that while these deeds serve different purposes, the information required is quite similar. He emphasizes that the process of creating a deed is relatively simple and will demonstrate the basics using blank templates he has used before. However, he cautions viewers that these templates may not be applicable in all 50 states due to varying laws and regulations, urging discretion when using them. The tutorial aims to equip viewers with foundational knowledge about deed preparation.