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In this video, Brad Lynch, known as "your mortgage guy for life," discusses quitclaim deeds, clarifying that the correct term is "quitclaim deed," rather than "quick claim deed," though the latter is commonly understood. He explains that a quitclaim deed transfers the grantor's interest in real estate. This is often used in divorce situations where one spouse relinquishes their rights to a property. Brad encourages viewers to check his online presence by searching #YMGFL for more information on refinancing, purchasing, and divorce lending.