what is a deed of trust in california
The deed is the legal document that gives you title to the property and proves that you own the real estate identified in the deed. In California, three different types of deeds can transfer real estate title: the quitclaim deed, the grant deed and the warranty deed.
Deeds of trust differ from mortgages in that deeds of trust always involve at least three parties, where the third party holds the legal title, while in the context of mortgages, the mortgagor gives legal title directly to the mortgagee.