As stated in an article from Rocket Lawyer, deeds of trust are not recognized in Florida and other states inside the US. The first thing a person will need to do to transfer property into a trust in Florida is to prepare and sign a new deed.This tax must be paid before the Clerk and Comptroller can accept any mortgage for record, and applies only to mortgages, agreements or contracts for deed. I'm just going to take you through the exact process of how to fill out a deed of trust exactly and you can see what I mean it's very straight forward. Some states allow both mortgages and deeds of trust. A main difference is that a mortgage foreclosure proceeding needs to go through the courts.