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Brad Lynch, known as "your mortgage guy for life," discusses quitclaim deeds, clarifying that the correct term is "quitclaim deed," despite some using "quick claim deed." He explains that a quitclaim deed transfers the grantor's interest in real estate. For example, in a divorce, one spouse can use a quitclaim deed to transfer their interest in the house to the other spouse. Lynch encourages viewers to verify his expertise by searching the hashtag #YMGFL online for information on refinances, purchases, and divorce lending.