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In this video, Brad Lynch, also known as "Your Mortgage Guy for Life," discusses the quick claim deed, clarifying that the correct term is "quitclaim deed." He explains that this legal document transfers the grantor's interest in a piece of real estate. For example, in a divorce situation where one spouse is leaving the home, they can use a quitclaim deed to transfer their ownership interest to the other spouse. Lynch encourages viewers to find him online through the hashtag #YMGFL for more information about refinancing, purchases, and divorce lending.