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In the video tutorial, Matthew guides viewers on creating a memorandum of understanding using legal templates. To begin, click on the provided link to access the business forms section on legal templates website. Search for "memorandum of understanding" and create a document specifying the first and second parties involved, project details, objectives, cooperation, expertise, and experiences. Fill in the required information such as names, addresses, city, state, zip codes, and project name to effectively outline the terms of agreement.
