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A one-page rental agreement is a concise document where the landlord and tenant outline the essential terms of renting an apartment. It focuses on fundamental provisions, omitting state-required disclosures, which can help mitigate future conflicts and reduce the landlord's legal liability. This simplified agreement benefits both parties by saving time and ensuring clarity, allowing tenants to avoid lengthy paperwork, while landlords can ensure tenants understand the terms. Key elements typically included are the lease start and end dates, the security deposit amount, the rent amount, payment frequency, and payment method.
