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A deed is a legal document that serves as evidence of property transfer and ownership rights in real estate. It includes the signature of the person transferring the property, the transaction date, the parties involved, and a description of the property. There are various types of deeds, with a focus on the general warranty deed and the special warranty deed. A warranty deed assures the grantee that the grantor holds legal title to the property, confirming that the seller owns it and has the authority to sell. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.