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Attorney Robert Flessas highlights crucial provisions to consider before entering a residential lease agreement, either as a tenant or landlord. He outlines seven potentially illegal terms that could render a lease void and unenforceable in most states. Flessas emphasizes that these illegal provisions do not impose criminal liability on landlords. He also warns against using boilerplate leases downloaded from the internet, as they may not contain valid or effective terms. The video serves as a cautionary guide for both parties involved in residential leasing, urging viewers to be aware of their state's landlord-tenant laws before finalizing any agreements.