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In this video tutorial, Seth explains the process of creating a warranty deed and a quitclaim deed, highlighting their key differences. While the two types of deeds vary significantly in function, the essential information required for both documents is relatively similar. Seth emphasizes that drafting a deed is straightforward concerning the information needed and its assembly. He will demonstrate using blank templates but notes that these templates may not be applicable in all 50 states, as various states have specific laws and requirements that must be incorporated into deeds.