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In this video, Paul Vojchehoske welcomes viewers to the Real Estate Classroom YouTube channel and encourages them to like, subscribe, and enable notifications. He introduces the topic of deeds of trust, also known as trust deeds, and explains their relation to promissory notes and mortgages. Paul recommends watching a previous video on promissory notes and mortgages for better understanding, providing a link for viewers. He prepares to delve into the key aspects of deeds of trust, aiming to clarify their significance in real estate transactions.