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In this video tutorial, Paul Vojchehoske introduces the concept of a deed of trust, also known as a trust deed, emphasizing its relevance in real estate transactions. He advises viewers to first watch a previous video on promissory notes and mortgages, as these three elements are interconnected. Paul encourages engagement by asking viewers to like and subscribe, and provides a link to the earlier video for better understanding. He then prepares to explain the details and significance of deeds of trust in the real estate context.