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This video tutorial discusses creating a lease form in a system by clicking on company setup and then form setup. It is crucial to edit the default list of leases in the system to ensure that they are accessible during move-in. The default lease is lease number one, and it is important to edit this lease instead of creating a new one. Different leases may be created for various types of units, such as self-storage units, RV parking, and climate-controlled units.