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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting their differences. He notes that while the types of deeds are distinct, the information required for both is quite similar. Seth emphasizes that the process of drafting a deed is straightforward and will demonstrate using blank templates. However, he cautions viewers that the templates he presents may not be applicable in all 50 states due to varying state laws and regulations that must be incorporated into deeds. The tutorial aims to provide the basic steps for preparing these legal documents.