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In this video, Seth explains how to create a warranty deed and a quick claim deed, highlighting that while the two types of deeds are quite different, the required information is similar. He emphasizes that the process of creating a deed is straightforward in terms of information input and organization. Seth will demonstrate the basics using templates he's previously utilized, but he cautions viewers that these templates may not be universally applicable in all 50 states due to varying state laws and statutes that must be incorporated into deeds. Viewers should be aware of their local regulations before using the templates.