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In this video, Seth explains how to create a warranty deed and a quitclaim deed. Although these two types of deeds are quite different, the information needed for both documents is relatively similar. He emphasizes that creating a deed is straightforward in terms of the necessary details and assembly. Seth will demonstrate using blank templates he has previously used, but he cautions viewers that these templates may not be applicable in all 50 states due to varying laws and statutes. Therefore, he advises against using the templates without ensuring they comply with specific state requirements.