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In this RentSpree tutorial, the narrator explains the E-Sign feature, designed to expedite the signing of rental documents. Users start on the RentSpree dashboard and select a property for the sample signature process. The E-Sign Documents section allows users to click the "Request E-Signature" button to initiate the process. To create the first E-Signature transaction, users must enter the transaction name, lease start and end dates, and the monthly rent amount. After creating the transaction, they can upload the necessary document for signature. This feature aims to streamline the overall rental process.