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In this video tutorial, Paul Vojchehoske introduces the concept of a deed of trust, also known as a trust deed, which varies by region. He emphasizes the relationship between a deed of trust, a promissory note, and a mortgage, suggesting viewers watch his previous video on the promissory note and mortgage for better understanding. Vojchehoske encourages viewers to engage with the content by liking the video, subscribing, and enabling notifications. He sets the stage for a detailed discussion about deeds of trust and their implications in real estate transactions.