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In this video, Paul Vojchehoske welcomes viewers to the Real Estate Classroom YouTube channel. He encourages them to like, subscribe, and hit the notification bell. The main focus of the video is to explain a deed of trust, also known as a trust deed, which varies by region. He mentions a prior video on promissory notes and mortgages, stating that understanding these concepts together is crucial for comprehending deeds of trust. He recommends watching the previous video first for better context and provides a link to it. The video transitions into a discussion about the specifics of deeds of trust.