A deed of trust has at least two parties, the settler and the trustee, so it could be called an indenture. A deed is a written transfer or conveyance of title to or interest in real property.The purpose of this chapter is to increase the power of county legislative authorities over tax title lands. An indenture is a legal contract between two parties, particularly for indentured labour or a term of apprenticeship but also for certain land transactions. A deed in the following form for any lots or parcels of real property sold under the provisions of RCW 36.35.120. License Permission to perform an act or series of acts on the land of another without vesting any title, interest or estate in such property. There are three main types of deeds: the general warranty deed, the special warranty deed, and the quitclaim deed. General Warranty Deeds. Under the terms of this Agreement, it will remain in good standing under the laws of the State of Idaho and qualified to do business in the State of Washington. Thereafter, the sale of that land from person to person is recorded in a deed.