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In this video, Seth explains how to create a warranty deed and a quitclaim deed, highlighting their key differences while noting that the process of assembling the documents is quite similar. He emphasizes that creating a deed is straightforward in terms of the required information. Seth will use blank templates to demonstrate the process, but cautions viewers that these templates may not be applicable in all states due to varying laws and statutes. He advises against using the templates universally, as different states have specific requirements for deeds.