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Brad Lynch, also known as your mortgage guy for life, discusses quitclaim deeds in a brief tutorial. He clarifies that the correct term is "quitclaim deed," although "quick claim deed" may be commonly misused. A quitclaim deed transfers the grantor's interest in a property, which is particularly useful in scenarios such as divorce. For instance, if one spouse is leaving the marital home during a divorce, a quitclaim deed can facilitate the transfer of their interest in the property. Lynch encourages viewers to search for him online under the hashtag #YMGFL for more information on refinancing, purchases, and divorce-related lending.