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In this video, the speaker discusses landlord-tenant law, focusing on the necessity of a written lease agreement. Under an oral lease, no formal agreement exists, resulting in a month-to-month tenancy that can be terminated by either party with 30 days' notice. While some may prefer this flexibility, most individuals desire more stability, which is why a written lease is recommended. A formal agreement outlines the lease term, monthly rent, and responsibilities for repairs. Overall, having a written lease offers greater certainty for both landlords and tenants. The speaker, Joshua Roberts, is an attorney providing this legal insight.