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The video tutorial on RentSpree explains the use of the E-Sign feature to streamline the signing of rental documents. It begins on the RentSpree dashboard, where a property is selected as a sample. Users can initiate the E-Sign process by clicking the "Request E-Signature" button. To start, a transaction must be created by entering its name, lease start and end dates, and monthly rent amount. After creating the transaction, users can upload the necessary document for signature. This feature aims to facilitate quick and easy signing of rental documents, enhancing the overall rental process.