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The video provides a detailed walkthrough on how to handle midterm rental lease agreements for properties not booked through Airbnb or Vrbo, emphasizing the significance of lease agreements for direct bookings and reservations through other platforms. The host, Bailey, clarifies that he is not an attorney and his advice is based on personal experience, not legal counsel. He guides viewers on when to use lease agreements, where to find lease templates (recommending sites like TurboTenant and Keycheck), and how to utilize software for e-signatures, specifically GoHighLevel and TurboTenant. Bailey provides a step-by-step demonstration of creating a lease using TurboTenant, highlighting its features such as state-specific lease agreements, prorated rent calculation, and the e-signing process. Additionally, he touches on the considerations for deposits, pet rules, utilities, and additional terms while drafting leases. The video concludes with an overview of sending the lease to tenants for signatures, aiming to equip property managers with the knowledge to efficiently manage their rental agreements.

00:00 Introduction to Midterm Rental Leases
00:11 When to Use Lease Agreements
00:36 Sources for Lease Agreements
01:14 Choosing the Right Software for Signing Leases
01:35 Step-by-Step Guide to Preparing Leases with TurboTenant
09:46 Finalizing and Signing the Lease
12:55 Conclusion and Next Steps