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A short-term rental agreement is a document between a tenant and a landlord outlining the terms of renting a property for a period not exceeding 30 days. This document is beneficial for both parties as it provides evidence of agreed rent payment and liability for damages. For landlords, it helps protect against fraud and damages, even when using popular rental websites. For renters, it serves as a legal basis to use a housing unit for a specific term and cost, including access to common areas.