How can I make my terma and agremeents checkbox appear as required? All of shipping address form fields have a red color text underneath each of them. How I can I make same thing to appear beneath my terms and agreements checkbox in Checkout Page?
You can enable the "Terms and Conditions" in adminpanel it self.
And the "Terms and Conditions" will appear in last step in checkout.
admin > system > configuration > checkout > checkout options > Enable Terms and Conditions