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In this video tutorial by PDF Run, viewers are guided on how to complete a basic rental agreement. A rental agreement is a written document outlining the responsibilities of both the owner and the resident regarding a property. To begin, users are instructed to click the "fill online" button, which leads to PDF Run's online editor. The first step involves filling out the preamble with the names of the owner and resident, as well as the property's address. Following this, both parties must carefully review the terms and conditions to prevent issues during the rental period. The tutorial highlights fillable items in the template, starting with item one, where users enter the rental fee and payment date.