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In this tutorial, Brad Lynch, also known as "your mortgage guy for life," discusses the concept of a quitclaim deed. He clarifies that while some might mistakenly refer to it as a "quick claim deed," the correct term is "quitclaim deed." This type of deed transfers the grantor's interests in a piece of real estate. Lynch explains its practical use, particularly in scenarios like divorce, where one spouse can use a quitclaim deed to relinquish their interest in a property. He encourages viewers to look him up online using the hashtag #YMGFL for more information on his services related to refinancing, purchases, and divorce lending.