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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting that while these deeds are fundamentally different, the information required to complete them is quite similar. He emphasizes that the process of creating a deed is straightforward regarding the required information and its assembly. Seth will guide viewers through the basics using blank templates he has previously used, noting that these templates may not be applicable in all 50 states due to varying laws and statutes. Viewers are cautioned not to use the templates without checking their state-specific requirements.