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. Designate a trustee to hold the land title.THIS DEED OF TRUST, is made and entered into this ______ day of. First, you'll need to prepare and sign a new deed for the property. You'll usually need a grant form or quit claim form to transfer the deed. Which states are mortgage states and which are deed of trust states including a table showing this information for each state. The document names the trustees and enumerates the trustee's powers in acting on behalf of the trust, and designates the trust beneficiary or beneficiaries. Fill in the blank Deed of Trust and Promissory Note form formatted to comply with all Missouri recording and content requirements. A deed is a document which conveys or transfers real property (ie real estate such as land or a home or both) to another person or persons.