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In this video tutorial, Tina demonstrates how to use floating text elements in contracts and documents. She starts by navigating to the payments section on the left, then selecting documents and contracts at the top and choosing templates. You can upload your template or create a new document. Tina uploads a PDF as a sample contract and shows how to add fillable fields such as signature, text, and date. She also explains how to use custom values by dragging and dropping elements like date, company name, and signature, adjusting their sizes as needed.