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Service agreements are crucial for inspection services, detailing payment, scope of work, and limitations. It's essential to fill out these agreements accurately before they are signed by you and the client. This video demonstrates how to configure the service agreement in the system to ensure it's always attached and automatically populates client details, inspection address, and service cost. The presenter navigates to settings, selects agreements and disclaimers, and opens the service agreement template, where users can paste their pre-existing agreements, whether drafted by an attorney or sourced from organizations like ASHI or InterNACHI.