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Brad Lynch, known as "your mortgage guy for life," introduces the concept of a quitclaim deed, clarifying that the correct term is "quitclaim deed," although some people mistakenly call it "quick claim deed." He explains that a quitclaim deed transfers the grantor's interests in a piece of real estate. This process can be particularly relevant in situations like divorce, where one spouse may want to relinquish their claim to a house. Lynch encourages viewers to search for him online using the hashtag #YMGFL to find information on refinancing, purchasing, and divorce lending services, showcasing his active online presence in the mortgage industry.