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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting the significant differences between the two types. Although the information required for both deeds is fairly similar, the process of drafting them is straightforward. Seth plans to demonstrate the basics using blank templates he's previously used, but he cautions viewers that these templates may not be applicable in all 50 states. He emphasizes the importance of being aware of specific laws and requirements that can vary by state when preparing deeds.