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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 of deeds are quite different, the information required for both is fairly similar. He emphasizes that composing a deed is a straightforward process regarding the essential information to include. Seth will demonstrate using blank templates he has previously utilized but cautions that these templates may not be applicable in all 50 states due to varying laws, statutes, and specific details that must be addressed in deeds according to each state's requirements.