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A deed is a legal document that serves as evidence of property ownership transfer in real estate, containing the signatures of the parties involved, transaction date, and property description. There are various types of deeds, with a focus on the general warranty deed and special warranty deed. A warranty deed assures the grantee that the grantor holds legal title to the property and has the right to sell it. The grantor commits to the buyer (grantee) that they legally own the property. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.