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A one-page rental agreement is a simplified document between a tenant and landlord outlining the essential terms of renting an apartment. It includes crucial provisions such as start and end dates, security deposit amount, and details on rent payments, ensuring both parties focus on key elements without the need for lengthy documentation. While it streamlines the process and aids understanding for tenants, it may lack required state disclosures that could mitigate future conflicts and legal liabilities for the landlord. This type of agreement can save time and clarify expectations, making it easier for both parties to engage in the rental process.
