Laws, cases, and web sources on the law of trusts in Massachusetts. When a piece of real estate is placed in trust, a new deed must be filed showing the trust is the owner.Massachusetts law recognizes three types of deeds, each of which provides varying levels of protection for buyers and sellers. There are several ways to hold title to property in Massachusetts. Being "on title" means that a person has record ownership over the property. Some states allow both mortgages and deeds of trust. A main difference is that a mortgage foreclosure proceeding needs to go through the courts. Geared to residential properties using different types of land contracts, lease options and deeds of trust. Learn about the benefits of a living trust, how a trust differs from a will, and the steps you'll need to take to set up a living trust in Massachusetts. Essentially, both state that the borrower will repay the loan.