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A one-page rental agreement is a brief document that outlines essential rental terms agreed upon by the tenant and landlord without the extensive details found in traditional leases. It simplifies the process by including key provisions such as the rental start and end dates, security deposit amount, rent payment details (amount, frequency, and method), and the condition of the property. This streamlined agreement saves time for both parties, allowing tenants to avoid lengthy paperwork while ensuring they understand the core terms they are agreeing to. However, it typically lacks state-required disclosures that could mitigate future disputes and legal issues for the landlord.
