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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting that while these two types of deeds differ significantly, the information required for both is quite similar. He emphasizes that drafting a deed is relatively straightforward regarding the necessary details. Seth will demonstrate the process using some blank templates he has previously utilized, while cautioning viewers that these templates may not be applicable in all 50 states. Each state has unique laws and requirements that must be considered when creating a deed, so viewers should not use these templates indiscriminately.