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In this video, Seth explains how to create a warranty deed and a quitclaim deed, emphasizing the significant differences between the two types while noting that the required information is fairly similar. He reassures viewers that creating a deed is a simple process in terms of information needed and assembly. Seth will demonstrate using blank templates he has used in the past but cautions that these templates may not be applicable in all 50 states due to varying laws and statutes. Viewers are advised to consider state-specific regulations before using the templates.