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A deed is a legal document that serves as evidence of property ownership transfer in real estate. It includes the signature of the person transferring the property (the grantor), the transaction date, the names of the parties involved, and a property description. Focusing on warranty deeds, there are two main types: the general warranty deed and the special warranty deed. A warranty deed guarantees the grantee that the grantor holds legal title to the property and has the right to sell it. Although recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.