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A deed serves as legal evidence of property ownership transfer in real estate. It is a document containing the signature of the seller (grantor), the transaction date, the names of the involved parties, and a property description. Various types of deeds exist, but this summary will focus on general and special warranty deeds. A warranty deed assures the buyer (grantee) that the seller has legal title to the property and the right to sell it. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged. This ensures the buyer's protection regarding property ownership rights.