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In this video tutorial, the presenter explains how to edit a contract template using Remote Pass. Start by opening a pending contract and clicking on the "edit template" button. This accesses the smart editor, where you can customize the template by adding or editing sections. You can use available placeholders for dynamic templates by typing the "@" sign to search. Sections can also be deleted or reordered. After editing, save your changes by naming the template and clicking "save." The updates will apply automatically to the contract, and you can preview them in your browser or download a PDF. The revised template is saved in your profile for future use.