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On something like this I would think time would be a factor. It helps that it is a recent transaction. Send him a registered letter asserting your claim that he provided no consideration for the document he holds and there is no contract as a result. Use a return receipt and seal it and send it in front of at least two witnesses. You might advise him of your opinion of what the fair market value of the land is and what you would reasonably expect from him for the transfer to be valid. Give him 10 days to respond. Get affidavits from the witnesses.
After 10 days place 3 weeks of public notice in the newspaper to the effect that this quit claim is not valid because there was no consideration in exchange. Take the receipt the newspaper gives you, a copy of the letter that you sent to your 'friend', the return receipt and your witnesses affidavits and record all of them in the recorders office.
This is not legal advice but might help establish that the quit claim is not valid. Choose your friends more carefully in the future.
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Its' a dog eat dog world and I am wearing milkbone underwear!!!
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