In real estate transactions, a trust deed transfers the legal title of a property to a third party until the borrower repays their debt to the lender. Some states allow both mortgages and deeds of trust.A main difference is that a mortgage foreclosure proceeding needs to go through the courts. Use our Deed of Trust to create a contract in which a third-party holds property until a borrower pays back debt to the lender. Essentially, both state that the borrower will repay the loan. Deeds of trust and mortgages are both acceptable under Maryland law, however, deeds of trust are used in almost every residential transaction. A Deed of Trust is typically used in combination with a Promissory Note or Mortgage Agreement which sets out the amount and terms of the loan agreement. Edit, sign, and share maryland deed of trust online. No need to install software, just go to DocHub, and sign up instantly and for free. Do you think all home loans involve a mortgage?