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In this video tutorial, Matthew demonstrates how to create a photo licensing agreement using legal templates. He directs viewers to a link for accessing the necessary forms. Matthew recommends starting at the business forms section and utilizing the search function to find "photo licensing agreement." Once located, viewers select the applicable state and specify ownership details, such as the client's name (Mr. Ed). Matthew clarifies that if there are multiple photos, these can include wedding and party photos. He also discusses licensing options, including the type of license to be granted (exclusive) and its duration (perpetual).