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Service agreements are crucial for inspection services, detailing payment, responsibilities, and limitations of the service. It's essential to complete the service agreement accurately before signing by either party. The video tutorial demonstrates how to configure the service agreement in Eneris, ensuring it is automatically attached and pre-filled with client details, inspection address, and service costs. The speaker navigates to the settings, selects agreements and disclaimers, and accesses the service agreement template. Users can paste their existing service agreement, whether drafted by an attorney or sourced from organizations like ASHI or InterNACHI.