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Deeds are used to transfer property and there are three main types: general warranty, special warranty, and quit claim deeds. A deed is the paper form that legally transfers ownership, while title refers to the right to use something. General warranty deeds offer the most guarantees and protection, with the seller promising clean title and authority to sell. Special warranty deeds offer a limited guarantee, while quit claim deeds offer no guarantees. These differences are important for real estate transactions.