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In this video, Paul Vojchehoske introduces viewers to the topic of deeds of trust, also known as trust deeds, which vary by region. He advises watching a previous video on promissory notes and mortgages to understand the context, as these three components are interconnected in real estate transactions. Paul encourages viewers to like the video, subscribe to the channel, and click the notification bell for updates. He sets the stage for a discussion about deeds of trust, emphasizing their importance in the realm of real estate financing.