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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 typically includes the signatures of the transferring party, the transaction date, the names of the involved parties, and a description of the property. Different types of deeds exist for various situations, with a focus here on the general warranty deed and the special warranty deed. A warranty deed guarantees the grantee that the grantor holds legal title to the property, affirming that the grantor has the right to sell it. Recording a warranty deed is not mandatory; however, if it is recorded, the document must be acknowledged.
