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In this video, Paul Vojchehoske introduces the topic of deeds of trust, also known as trust deeds, and emphasizes their significance in real estate transactions. He encourages viewers to like, subscribe, and enable notifications for the channel. Paul references a previous video on promissory notes and mortgages, suggesting viewers watch that first for better understanding. He mentions the connection between promissory notes, mortgages, and deeds of trust, noting they work hand in hand. With this foundation, he prepares to delve into the details of deeds of trust, setting the stage for further discussion.