In this reaction, first of all, the formation of a carbocation occurs by the removal of bromide ion. Then, H2O molecule attacks the carbocation, and an intermediate (protonated alcohol) is formed. This oxonium ion undergoes deprotonation with the help of a water molecule to give rise to an alcohol and a hydronium ion.
This is an example of a nucleophilic substitution reaction. As the substitution occurs by forming a tertiary carbocation, it is a type of unimolecular nucleophilic substitution reaction (SN1) .