The following elements are found in most deeds:
This Indenture
This is the most common opening for a deed and will frequently be found written in larger letters than the rest of the deed. Some earlier deeds don't use this language, but instead will start with words such as To all to whom these presents shall come greeting...
...made and entered into this fifteenth day of February in the year of our Lord one thousand seven hundred and seventy five.
This is the date of the actual deed transaction, not necessarily the date it was proved in court, or recorded by the clerk. The date of the deed will often be found written out, and may appear here at the beginning of the deed, or later near the end.
...between Cherry and Judah Cherry his wife...of the one part, and Jesse Haile of the county and state aforesaid
This is the section of the deed that names the parties involved (the grantor and grantee). Sometimes this section includes details which added to make it clear which William Crisp or Tom Jones was meant. Additionally, this section may also indicate relationships between the involved parties. Specifically, watch for details on place of residence, occupation, seniority, name of spouse, position relating to the deed (executor, guardian, etc.), and statements of relationship.
...for and in consideration of the sum of ninety dollars to them in hand paid, the receipt of which is hereby acknowledged
The term "consideration" is usually used for the section of the deed which acknowledges payment. The sum of money which changed hands is not always specified. If it is not, be careful not to assume that it indicates a deed of gift between family members or friends. Some people just liked to keep their financial matters private. This section of the deed is usually found immediately after the names of the parties to the deed, though sometimes it may be found mentioned between the parties.
...a certain tract or parcel of land situate lying and being in the State and County aforesaid containing by estimation one hundred acres more or less butted and bounded as follows Beginning in a Cashy Swamp at the mouth of a Branch then up said branch...
The statement of property should include the acreage and the political jurisdiction (the county, and possibly the township). In public-land states it is given by the rectangular survey coordinates and in subdivisions it is given by lot and block number. In state-land states, the description (such as in the example above) includes a description of the property lines, including waterways, trees, and adjoining land owners. This is known as a metes and bounds survey and usually starts with the word "Beginning" written in extra large letters.
...to have and to hold the above said bargained premises to him the said Jesse Haile his heirs and assigns forever
This is typical beginning for the final section of the deed. It is usually full of legal terms and generally covers items such as possible encumberances or restrictions on the land (back taxes, outstanding mortgages, joint owners, etc.). This section will also list any restrictions on use of the land, payment terms for mortages if it is a deed of mortgage, etc.
...whereof we have set our hands and fixed our seals this fifteenth day of February in the year of our Lord God one thousand seven hundred and seventy five. Signed Sealed and delivered in presence of us...
If the deed wasn't dated at the beginning, then you will find the date here at the end. This is also the section for signatures and witnesses. It is important to understand that the signatures found in the deed books are not true signatures, they are just copies made by the clerk as he recorded from the original deed.

