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In this video, Seth explains how to create a warranty deed and a quick claim deed, highlighting that while the two types are fundamentally different, the process and required information for both are quite similar. He emphasizes that creating a deed is straightforward and intends to demonstrate the basics using templates from his past experience. However, Seth warns that these templates may not be applicable in all 50 states due to varying laws and regulations, advising viewers to be cautious before using them indiscriminately.