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A one-page rental agreement is a simplified document where a tenant and landlord outline essential leasing terms without extensive legal jargon. It focuses on key provisions, saving time for both parties by eliminating lengthy paperwork. Important details included are the lease's start and end dates, security deposit amount, rent amount, payment frequency, and method. However, it lacks state-required disclosures, which can minimize potential conflicts and legal issues for the landlord. This format ensures tenants understand their obligations while making the process manageable for landlords. Overall, it serves to streamline the rental agreement process by emphasizing only critical provisions.