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In this tutorial, Jacquie Hardison, a residential mortgage lender, and Shannan Cargo-Boat, a real estate agent and investor, discuss key elements of writing a lease. They emphasize the importance of understanding state-specific laws and advise using templates that match the state regulations. Significant terms to include in a lease are highlighted, with the first essential point being the lease term, which can range from six months to two years or more. The hosts note that while some legal jargon is commonly found in leases, focusing on critical terms is vital for clarity and compliance.