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A deed is a legal document that transfers property ownership rights in real estate and contains the signature of the person transferring the property, the date of the transaction, the names of the parties involved, and a description of the property being transferred. There are different types of deeds for different situations, with the focus on general warranty deeds and special warranty deeds in this tutorial. A warranty deed gives the buyer a guarantee that the seller actually has legal title to the property and the right to sell it. Recording is not required for a warranty deed, but if recorded, the document must be acknowledged.
