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Brad Lynch, known as "your mortgage guy for life," discusses quitclaim deeds in a brief tutorial. He clarifies that the correct term is "quitclaim deed" rather than "quick claim deed," although the latter is commonly used. A quitclaim deed transfers the grantor's interest in real estate, which is particularly relevant in divorce situations. For instance, one spouse may use a quitclaim deed to transfer their ownership of a house to the other spouse during a divorce. Lynch invites viewers to check his activity online using the hashtag #YMGFL for more information on refinancing, purchases, and divorce lending.