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A deed is a legal document that transfers property ownership rights in real estate, containing the signature of the person transferring the real estate, the date of the transaction, the names of the parties involved, and a description of the property being transferred. There are different types of deeds, including general warranty deeds and special warranty deeds. A warranty deed gives the grantee a guarantee that the grantor actually has legal title to the property, promising the buyer that the property can be legally sold. Recording a warranty deed is not required, but if recorded, the document must be acknowledged.
