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To create a rental agreement using a template, follow these steps: First, access the rental agreement template via the link provided in the video description. Start filling out the form by entering the effective date of the agreement. Add tenant details, including name (e.g., John Doe), address (123 Tenant Street, Miami, Florida 12345), and phone number (123-456-7890, tenant@example.com). Next, input the landlord's information, including name (Metdaq), address (321 Landlord Example Street, Miami, Florida 12345), phone number (111-222-3333), and email (landlord@example.com). Finally, specify the premises' address to be leased (111 Premises Example Street, Miami, Florida 12345), the date the tenant may start occupying (e.g., January 1, 2021), and the permitted stay duration (14 days).