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In this video, Brad Lynch, known as "your mortgage guy for life," discusses quitclaim deeds. He clarifies that the official term is "quitclaim deed," though some might refer to it as "quick claim deed." A quitclaim deed is used to transfer the grantor's interest in real estate, particularly useful in situations like divorce, where one partner may relinquish their rights to a property. Lynch invites viewers to check his online presence by searching #YMGFL for more information on refinancing, purchases, and divorce lending.