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In this tutorial, Jacquie Hardison, a residential mortgage lender, and Shannan Cargo-Boat, a real estate agent and investor, discuss the essential aspects of writing a lease. They emphasize the importance of using state-specific lease templates as terminology and legal requirements can vary. Key points include determining the lease term, which can range from six months to two years or more. They highlight the significance of including crucial details while also noting that some legal jargon may be unnecessary. The session encourages viewers to ensure that any lease drafted complies with their state's laws.