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If you're a landlord in California, understanding the lease agreement for residential or commercial properties is crucial. In this tutorial, Andrew Chung from DoorLoop emphasizes the importance of a well-crafted lease agreement, which serves as the foundation of your relationship with tenants. The lease should clearly outline terms that protect your interests and provide essential information to prospective tenants, including fees, pet policies, and termination terms. It’s a contract detailing rules for renting, encompassing monthly rent, security deposits, recurring fees, and other key components necessary for a smooth rental process.