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In this video tutorial, Seth explains how to create both a warranty deed and a quitclaim deed, highlighting that while these two types of deeds differ significantly, the information required is quite similar. He emphasizes that the process of drafting a deed is straightforward, and he will demonstrate using blank templates he's previously utilized. However, he cautions viewers that these templates may not be applicable in all states due to varying laws and statutes governing deeds. Therefore, users should not apply these templates universally without understanding their state's specific requirements.