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A deed is a legal document that serves as evidence of the transfer of property ownership rights in real estate. It includes essential details such as the signature of the person transferring the property, the date of the transaction, the names of the parties involved, and a description of the property. There are various types of deeds, with the general warranty deed and special warranty deed being focal points. A warranty deed assures the grantee that the grantor has legal title to the property, meaning the seller certifies ownership and the right to sell. While recording a warranty deed isn't mandatory, if it is recorded, the document must be acknowledged.