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In this video tutorial from PDF Run, viewers are guided on how to fill out a basic rental agreement, which is a document outlining the agreement between a lessor (owner) and lessee (resident). This agreement specifies the responsibilities of both parties regarding the property management and use. To begin, users should click the "fill online" button to access the online editor. The form requires the completion of the preamble by entering the names of the owner and resident, along with the rental property address. Following the preamble, users must review and fill in terms and conditions carefully to avoid issues during the rental period, starting with the rental fee and payment date.