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In this video tutorial, Andrew Chung from DoorLoop addresses new landlords in Maryland struggling to draft their first lease agreements. He emphasizes that lease agreements are legally binding contracts outlining the terms and conditions of a rental property. Once signed, both the landlord and tenant must adhere to its terms. Typically, the tenant pays the first month’s rent and the security deposit at the start of the lease term to gain access to the property. The video aims to provide guidance and resources to help landlords create detailed rental agreements, noting the various types of rental agreements common in Maryland.
