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A good deed is a legally binding document used to transfer real property from one person to another. For a deed to be valid, it must include the names of the grantor and grantee, a statement of transfer, a description of the property, and the signature of the grantor. The deed must be delivered to the grantee and accepted to be valid. It is recommended to have the deed notarized and recorded, but it is not necessary for the transfer to be valid. On the other hand, a void deed has no legal meaning and cannot be enforced; no transfer of real estate interest can occur with a void deed.