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In this video, Matthieu demonstrates how to create a property management agreement using legaltemplates.net. He navigates to the website, accessing the real estate forms section to locate the property management agreement. After selecting Texas as the state, he inputs necessary details such as the owner and property manager information, along with the property's full address. Matthieu emphasizes the importance of defining specific responsibilities, compensations, and termination conditions in the agreement. He advises viewers to ensure they include these critical components when completing the document.