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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting that while the two types of deeds are quite different, the information required for each is fairly similar. He emphasizes that drafting a deed is a straightforward process regarding the necessary details and how to assemble them. Seth will demonstrate using blank templates he has used previously but warns that these templates may not be applicable in all 50 states due to varying state laws and regulations. Viewers are advised to be cautious and ensure compliance with their specific state's requirements before using any templates.