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A one-page rental agreement is a simplified document between a tenant and landlord that outlines essential rental terms without the extensive details of a traditional lease. It typically includes start and end dates, security deposit amounts, rent payment amounts, periodicity, and payment methods. By condensing the lease to one page, both parties save time, with the tenant avoiding lengthy documentation while ensuring they understand the critical terms. However, this type of agreement may lack state-required disclosures that could mitigate future disputes and reduce the landlord’s legal liabilities. Hence, while it streamlines the leasing process, it may not cover all necessary legal protections.
