Once completed, note the SST number and come into our office to finish the process. For the Purpose of Securing: 1.Prepare a "Trust Transfer Deed" and "Preliminary Change of Ownership Report" to transfer to revocable living trust check recorder's site. The trustee's job is to manage the property in the trust for the benefit of the beneficiaries in the way the settlor has asked. What powers does a trustee have? Santa Clara County Deed of Trust Form. Fill in the blank form formatted to comply with all recording and content requirements. Fill out the preliminary change of ownership report to properly transfer your California real estate into your living trust. Proposition 58 allow the new property owners to avoid property tax increases when acquiring property from their parents or children. As an example, if a trust holds title to a vacant property, it may be a good idea to rent it out or sell it.