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In this video, Paul Vojchehoske from the Real Estate Classroom YouTube channel introduces the concept of a deed of trust, also known as a trust deed, which may vary by region. He encourages viewers to like the video, subscribe, and enable notifications. Paul mentions that the deed of trust is closely related to the previously discussed promissory note and mortgage, highlighting their interconnectedness. He recommends viewers watch the previous video on promissory notes and mortgages to better understand the current topic. The video aims to provide a clear explanation of what a deed of trust is.