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A one-page rental agreement is a simple document outlining the essential terms between a tenant and landlord for renting an apartment. It focuses on crucial provisions, omitting state-required disclosures that could prevent future disputes and protect the landlord's legal interests. This type of agreement is beneficial as it saves time for both parties, allowing tenants to avoid lengthy paperwork and ensuring they read and understand the key terms. Important elements to include in a one-page lease are the lease start and end dates, security deposit amount, rent amount and payment schedule, and the apartment's condition.