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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting their differences. He emphasizes that while the types of deeds differ, the process and information required to create them are quite similar. Seth provides a straightforward overview of how to assemble a deed using blank templates he has previously used. However, he cautions viewers that these templates may not be applicable in all 50 states due to varying laws and statutes, and advises against using them without ensuring they comply with specific state requirements.