Ownership of property can take many forms. The form of ownership is usually selected based on the needs of the owner or owners.A California deed of trust allows a borrower to pledge their property's title to a third party to secure a loan from a moneylender. Recording a deed in Montgomery County is a two step process. Notary Acknowledgement. The form used for a California Notary Acknowledgment shall be in the format as shown. A California Deed of Trust is a legal document used in real estate transactions in California. Using the information gathered during the prior steps, draft or fill out a deed template. Any person may record in the office of the county recorder of any county fictitious mortgages and deeds of trust of real property.