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In this video tutorial by PDF Run, viewers are guided on filling out a basic rental agreement, a document detailing the responsibilities of the landlord (owner) and tenant (resident). To start, users should click the fill online button, which leads to PDF Run’s online editor. The first step is to complete the preamble with the names of the owner and resident, along with the property address. Following the preamble, it's crucial for both parties to carefully review the terms and conditions to prevent future issues. The fillable sections include the rental fee and payment due date, among other important details.