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In this video tutorial, the speaker breaks down a rental contract for private rentals. The first page includes the rental company's name and contact information, while the second page contains essential customer details. These details include the customer's name, address, driver's license number, state of the driver's license, expiration date, date of birth, and phone number. Additionally, the contract should specify the unit number, as well as the date and time when the vehicle is issued and when it is scheduled to be returned. This structured approach ensures clarity and security in the rental process.