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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting the differences between the two types. He notes that while the information needed for both documents is similar, the process is straightforward. Seth will demonstrate using blank templates that he has previously utilized, but cautions viewers that these templates may not be valid in all 50 states due to varying state laws and requirements. He emphasizes the importance of understanding local statutes when preparing deeds.