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Room rental agreements, also known as sublease agreements, detail the terms of original lease agreements and serve as comprehensive references for tenants' rights and responsibilities. This tutorial is presented by Santiago from Door Loop, who notes that he is not an attorney and cannot provide legal or financial advice. A room rental agreement specifies the obligations of a principal tenant when subletting a room. Written agreements are legally recognized, while oral ones are not, highlighting the importance of a formal contract for enforcing financial obligations. The tutorial emphasizes that there are no restrictions on the specificity required when creating these documents.