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In this video, attorney Robert Fleshes discusses critical considerations for tenants and landlords regarding residential lease agreements. He highlights seven provisions that may be illegal and could render a lease void and unenforceable. Fleshes emphasizes the importance of understanding that each state has different landlord-tenant laws, with the discussed terms likely illegal in most states. He also notes that these illegal terms do not result in criminal liability for landlords. The video advises against using generic boilerplate lease templates from the internet and underlines the value of having a valid and effective lease, preferably prepared by an attorney or based on state-approved guidelines.