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Deeds are used to show ownership of real estate. A deed should contain names of the old and new owners along with a legal description of the property and the signature of the person transferring the property.
There are different kinds of deeds, such as the warranty deed, grant deed, and quit claim deed, which transfer different interests in property. For example, the use of a general warranty deed means a seller assures good and marketable title to a buyer and will defend the title to the property from all persons. Whereas, the use of a quit claim deed means a seller only coveys what title the seller may have to the property, with no warranty as to ownership or defects in the title.