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If you're a landlord in California renting residential or commercial property, understanding the lease agreement is essential. In this video, Andrew Chung with DoorLoop explains the importance of a lease agreement in establishing a solid relationship with tenants. It should clearly outline terms, protect your interests, and provide vital information for prospective tenants, including recurring fees, pet policies, and termination terms. The lease serves as a contract between the landlord and tenants, detailing rules related to rent payments, security deposits, and other key aspects to ensure a smooth rental process. A well-structured lease agreement is fundamental for both parties involved.