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A good deed is a legally binding document used to transfer real property from one person to another. To be valid, a deed must include the names of the grantor and grantee, a statement of transfer, a description of the land, the grantor's signature, and delivery to the grantee. It is recommended to have the deed notarized and recorded, but it is not necessary for the transfer to be valid. A void deed has no legal meaning and cannot be enforced, making any transfer of real estate interest impossible.