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Brad Lynch, known as "your mortgage guy for life," discusses the quitclaim deed in a brief tutorial. It's important to note that the correct term is "quitclaim deed," though "quick claim deed" is commonly used. A quitclaim deed facilitates the transfer of the grantor's interest in real estate. For example, in a divorce, one spouse can use a quitclaim deed to transfer their ownership interest in the home to the other spouse, allowing for a clear division of property. Lynch encourages viewers to look him up online using the hashtag #YMGFL for more information on refinancing, purchases, and divorce lending.