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In this RentSpree tutorial, the narrator explains the E-Sign feature, designed to expedite the signing of rental documents. The process begins on the RentSpree dashboard with a pre-added sample property. Users can initiate the E-Sign process by clicking the "Request E-Signature" button in the E-Sign Documents section. They must then create a transaction by entering the transaction name, lease start and end dates, and the monthly rent amount. After the transaction is established, users can upload the necessary document for signature. This feature aims to streamline the rental process by facilitating quick and easy document signing.