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In this video tutorial, Matthew explains how to create a painting contract using Legal Templates. He starts by directing viewers to the link provided in the video description. After accessing the site, he suggests navigating to the "Business Forms" section and searching for "painting contract." Upon selecting the option to create a document, viewers must identify the transaction as a service. Matthew emphasizes that if you are the service provider, you will input your information along with your customer's details. He outlines the description of the service, specifying that it pertains to painting, such as painting a house or room, and notes the need to specify the number of projects and pricing for each.