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Brad Lynch, known as "your mortgage guy for life," discusses the quitclaim deed in this video. He emphasizes the correct term is "quitclaim deed," though the alternative "quick claim deed" is commonly used. A quitclaim deed is a legal document that transfers the grantor's interest in real estate to another party. This is often utilized in situations like divorce, where one spouse may transfer their interest in a property to the other. For more information about his services, including refinancing and divorce lending, viewers can search for his online presence using the hashtag #YMGFL.