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In the tutorial by Matthieu, he guides viewers on how to create a property management agreement using legaltemplates.net. Viewers are instructed to click on the link, go to real estate forms, and select a property management agreement. Details such as the owner and property manager's information, address, significant dates, responsibilities, compensations, and termination clauses are crucial for a thorough agreement. Paying attention to these steps ensures a comprehensive property management agreement.