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In this video, Paul Vojchehoske introduces the concept of a deed of trust, also known as a trust deed, noting that terminology may vary by region. He recommends watching his previous video on promissory notes and mortgages, as these concepts are interrelated and provide essential context for understanding deeds of trust. Paul encourages viewers to engage with the video by liking, subscribing, and activating notifications. He emphasizes the importance of having foundational knowledge from the earlier video for a better understanding of the content to be discussed. The session aims to clarify what a deed of trust entails and its role in real estate transactions.