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Dean from Bluestone discusses how landlords can convert existing short tenancies into the Rent Smart Wales standard occupation contract and issue the required written statement of terms. He highlights the confusion surrounding this process and emphasizes the importance of ensuring properties meet the Fitness for Human Habitation requirements before issuing the contract. Failure to comply may lead to tenants having the right to withhold rent or seek compensation. Dean encourages landlords to watch his previous video for guidance on achieving the necessary fitness standards. The deadline for issuing the written statement of terms for conversion is June 1, 2023.