A deed of trust is a deed given to a third party, the "trustee," to hold until certain conditions are fulfilled. A Texas Deed of Trust creates a lien on property to secure a Promissory Note.These are two documents needed for real estate loans and seller financing. A Deed of Trust in Texas transfers title of real property in trust. It is the equivalent to a mortgage used in other states and provides a secured interest. A deed must be written entirely in the English language to be eligible for recording in Texas. A Texas deed form transfers real estate from one party (the grantor) to another (the grantee). The Deed of Trust should describe the loan amount, name a Trustee, and describe the collateral securing the loan. A deed of trust is in fact a security instrument that authorizes a foreclosure sale outside the judicial system in case of default. The appropriate person must sign the document, and that person's signature must be notarized (i.e.