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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting their key differences. He emphasizes that while the types of deeds vary significantly, the information required to compile them is quite similar. Seth reassures viewers that the process of creating a deed is straightforward. He will guide them through the basics using blank templates he has previously used. However, he cautions that these templates may not be universally applicable, as each state has its own laws and statutes governing deeds. Therefore, viewers should be aware of their specific state's requirements before using the templates provided.