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A deed is a legal document that serves as evidence of property ownership transfer, essential in real estate transactions. It includes crucial details such as the signatures of the parties involved, the transaction date, and property description. Two common types of deeds are the general warranty deed and the special warranty deed. A warranty deed guarantees the grantee that the grantor holds legal title to the property, assuring the buyer that the seller has the right to sell it. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.