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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting that while these two types of deeds are quite different, the information required for both is fairly similar. He notes that drafting a deed is a straightforward process regarding the necessary information and assembly. Seth will demonstrate using blank templates from his experience but cautions viewers that these templates may not be applicable in all 50 states. He emphasizes the importance of being aware of the varying laws and statutes that can influence deed requirements depending on the specific state involved.