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The video tutorial discusses creating a lease form in a company setup by accessing form setup. It is essential to edit the default lease in the system, as non-default leases will not be accessible during move-in. The default lease is lease number one, which needs to be edited. There may be multiple leases (1-6) for different types of units, such as standard storage units, RV parking, or climate-controlled units. Each lease serves different unit types for varying customer needs.