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In this video tutorial, Jacquie Hardison, a residential mortgage lender, and Shannan Cargo-Boat, a real estate agent and investor, discuss key aspects of writing a lease. They emphasize the importance of including specific terms in the lease document, as some legal phrases are often included by attorneys but may not be necessary. Viewers are advised to search for lease templates online, ensuring they are applicable to their state's laws. One crucial term to define is the lease duration, which can range from six months to two years or more, depending on the landlord's preference. Overall, the discussion centers on creating a clear and legally sound lease agreement.