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In this video tutorial, the presenter explains how to break down a rental contract for private rentals. The contract includes the company's name and contact information at the top, with the customer's personal details on the second page. Key customer information to include encompasses their name, address, driver's license number, license state and expiration date, date of birth, and phone number. Additionally, the contract should specify the unit number and the dates and times for when the vehicle is being rented out and when it is due back. The presenter emphasizes the importance of gathering comprehensive information for clarity and security.
