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A one-page rental agreement is a simplified document that outlines the essential terms of renting an apartment between a tenant and a landlord. It focuses on fundamental provisions, omitting state-required disclosures that can help prevent future conflicts and limit the landlord's liability. This type of agreement is beneficial because it saves time for both parties, allowing tenants to avoid lengthy paperwork while ensuring they fully understand the terms. Key elements to include in a one-page rental agreement are the lease's start and end dates, the security deposit amount, and the periodicity and method of rent payments, along with the condition of the property.