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In this video, the tutorial demonstrates how to edit a lease on Tenant Cloud. To edit a lease, go to the contacts section on your dashboard and find the tenant you wish to edit. You can use the search tool if needed. Click on the tenant's profile card, then go to leases. From there, you can view the lease details and make edits by clicking on the three dot action menu and selecting edit. This allows you to modify the lease information as needed.