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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 different, the information required for both is quite similar. He emphasizes that drafting a deed is relatively straightforward in terms of necessary information and assembly. Seth will demonstrate using blank templates he has previously utilized, but he cautions viewers that these templates may not be applicable in all states due to varying laws and statutes. Therefore, it's important to ensure any deed complies with the specific requirements of the state in which the property is located.