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A deed is a legal document that signifies the transfer of property ownership in real estate, serving as evidence of that transfer. It typically includes the signatures of the parties involved, the transaction date, and a description of the property. There are various types of deeds, but this summary focuses on the general warranty deed and the special warranty deed. A warranty deed assures the grantee that the grantor has legal title to the property, with the seller (grantor) affirming ownership and the right to sell it. Recording the deed is not mandatory, but if it is recorded, the document must be acknowledged.