A real estate deed is a legal document that transfers ownership of property from one person or entity to another. It includes important details such as the names of the buyer and seller, a description of the property, and the signatures of the parties involved. Deeds are essential for establishing clear title and ownership rights. There are different types of real estate deeds, including warranty deeds and quitclaim deeds. A warranty deed guarantees that the seller has clear title to the property, while a quitclaim deed transfers whatever interest the seller has without any guarantees. Understanding these differences is crucial for buyers and sellers.