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A one-page rental agreement is a simplified document outlining the essential terms of renting an apartment, created by the tenant and landlord. It streamlines the rental process, saving time for both parties by focusing on fundamental details and eliminating lengthy paperwork. This agreement typically includes key provisions such as the start and end dates of the lease, the security deposit amount, and the specifics of rent payments, including frequency and method. However, it may lack certain state-required disclosures aimed at reducing future conflicts and limiting the landlord's legal liability. The one-page format ensures that tenants read and comprehend the terms before signing.
