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A deed is a legal document that serves as evidence of property ownership transfer in real estate. It includes the signatures of the parties involved, the transaction date, and a description of the property. There are various types of deeds, but the focus here is on general warranty deeds and special warranty deeds. A warranty deed guarantees that the grantor (seller) has legal title to the property and the right to sell it to the grantee (buyer). While recording a warranty deed is not mandatory, if it is to be recorded, the document must be acknowledged.