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The video discusses key aspects of rental agreements in Massachusetts. A rental agreement or lease is a document detailing the relationship between a tenant, who pays rent, and a landlord, who owns the property. These agreements typically last for 6 to 12 months, with rent paid monthly or weekly. There's a federal requirement known as the lead disclosure, mandating landlords to inform tenants of any known lead paint hazards. Additionally, landlords must provide the state-approved pamphlet titled "Protect Your Family from Lead in Your Home." However, this requirement does not apply to all types of residential dwellings.