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A one-page rental agreement is a simplified document where the tenant and landlord agree on renting terms without extensive details. It saves time for both parties by focusing on important provisions such as start and end dates, security deposit amount, rent payments, and property condition. This type of agreement does not include state-required disclosures, which could potentially lead to disagreements and legal issues. The goal is for tenants to easily understand the terms they are agreeing to while ensuring landlords are clear on their responsibilities.
