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In this video, Matthew walks viewers through creating a painting contract using Legal Templates. He directs users to the link in the video description, instructing them to access the business forms section. After searching for "painting contract," users are prompted to select the "create document" option. Matthew explains that the transaction will involve the sale of services, specifically painting. Users will enter their information as the service provider and their customer's details. He emphasizes detailing the description of the service, such as painting a house or room, and notes to include the number of projects and pricing per project, addressing any additional tasks like painting exterior walls.