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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 while some may refer to it as a "quick claim deed," the correct term is quitclaim deed. This legal document is used to transfer the grantor's interest in a piece of real estate. For example, in the context of a divorce, one spouse may use a quitclaim deed to relinquish their interest in the marital home to the other spouse. Lynch encourages viewers to look up his hashtag #YMGFL online for more information about his services related to refinancing, purchases, and divorce lending.