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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 transferring party (grantor), the transaction date, the names of involved parties, and a property description. Different types of deeds exist for various situations, but the focus here is on the general warranty deed and special warranty deed. A warranty deed guarantees to the grantee that the grantor holds legal title to the property, meaning the seller assures the buyer of their ownership and the right to sell. Recording a warranty deed is not mandatory, but if it is recorded, the document must be acknowledged.
