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A deed is a legal document that transfers property ownership rights and contains the signatures of the parties involved, the date of the transaction, and a description of the property being transferred. There are different types of deeds, but the focus is on general warranty deeds and special warranty deeds. A warranty deed gives the buyer a guarantee that the seller has legal title to the property and the right to sell it. Recording is not required, but if done, the document must be acknowledged. Warranty deeds provide assurance to the buyer regarding ownership rights.
