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In this video, Mike the businessman discusses the importance of having a proper rental agreement when renting out vehicles. He emphasizes the need to have a rental car agreement created by a lawyer to ensure all bases are covered. Mike warns against skipping this step, as it can lead to legal issues and problems in the event of an incident. He shares that he paid over a thousand dollars for his rental agreement and stresses the importance of following processes and procedures to protect both the business and the client.
