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Brad Lynch, known as "your mortgage guy for life," discusses quitclaim deeds. He encourages viewers to check his online presence using the hashtag #ymgfl for information on refinancing, purchases, and divorce lending. He clarifies that the correct term is "quitclaim deed," although some may mistakenly call it a "quick claim deed." A quitclaim deed transfers the grantor's interest in real estate. For example, in a divorce where one person leaves the shared home, a quitclaim deed can be used to transfer ownership rights from one spouse to the other.