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A one-page rental agreement is a concise document outlining the essential terms between a tenant and landlord for renting an apartment. It typically includes fundamental provisions such as rental start and end dates, security deposit amount, rent payment details (amount, frequency, method), and the apartment's condition. This streamlined format helps save time for both parties, allowing tenants to avoid lengthy paperwork while ensuring they fully understand the agreement's terms. However, it omits state-required disclosures that could mitigate future disputes and protect the landlord's legal liability. Overall, it simplifies the leasing process while covering critical points.
