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In this video, Brad Lynch, known as "your mortgage guy for life," discusses the concept of a quitclaim deed. He clarifies that some may mistakenly refer to it as a "quick claim deed," but the correct term is "quitclaim deed." This legal document allows a person (the grantor) to transfer their interest in a property to another party. Lynch explains that this type of deed is often used during situations such as divorce, where one spouse may need to transfer their interest in a house to the other. He encourages viewers to research his services by searching for the hashtag #YMGFL, highlighting his involvement in areas like refinances and divorce lending.