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In this video, Paul Vojchehoske introduces the concept of a deed of trust, also known as a trust deed, which varies by region. He recommends watching a previous video focused on promissory notes and mortgages to better understand today's topic, as these concepts are interconnected. Paul encourages viewers to engage with the video by liking it, subscribing to the channel, and clicking the notification bell. The tutorial aims to clarify the definition and significance of deeds of trust in real estate.