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A deed is a legal document that serves as evidence of property ownership transfer in real estate, containing the signatures of the transferor, the date of the transaction, the involved parties' names, and a property description. There are various types of deeds, but this tutorial focuses on the general warranty deed and the special warranty deed. A warranty deed provides the grantee with a guarantee that the grantor holds legal title to the property, ensuring the buyer that the seller has the right to sell it. While recording the warranty deed is not mandatory, if it is recorded, the document must be acknowledged.