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In this tutorial, Brad Lynch, also known as "your mortgage guy for life," discusses the quitclaim deed. He clarifies that the correct term is "quitclaim deed," although some may refer to it as a "quick claim deed." This document is used to transfer the grantor's interest in real estate, often in situations such as divorce. For example, if one spouse is leaving the house during a divorce, they can utilize a quitclaim deed to transfer their interest in the property. Brad encourages viewers to check his online presence for his services related to refinancing, purchasing, and divorce lending by searching for the hashtag #YMGFL.