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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting their differences. While the types of deeds have distinct purposes, the required information to complete them is quite similar. Seth emphasizes that drafting a deed is straightforward, and he will demonstrate the process using blank templates he has previously used. However, he warns viewers that these templates may not be applicable in all 50 states due to variations in laws and statutes. He advises caution and suggests checking state-specific requirements before using any templates.