Find all translations of deed of trust in Spanish like escritura de fideicomiso and many others. A deed of trust, also called a trust deed, is the functional equivalent of a mortgage.English term or phrase: Deed of Trust. Spanish translation: Escritura de Fideicomiso. Also called a deed of trust. Escritura de fideicomiso (deed of trust). It is an arrangement between three parties: The borrower (grantor), the lender (beneficiary), and an impartial trustee. A deed transfers property ownership. A deed of trust is an agreement where the borrower is using the property to secure a loan. A deed of trust refers to a type of legal instrument which is used to create a security interest in real property and real estate.