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To create a rental agreement, use a rental agreement template provided in the video description. Start by filling out the form with the effective date, tenant's name (e.g. John Doe), tenant's address, phone number, and email. Then, include the landlord's name, address, phone number, and email. Next, enter the premises address, the date the tenant can occupy the premises (e.g. January 1, 2021), and the period guests are allowed to stay (e.g. 14 days). Follow the link in the description to access the document form.