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In this video, Matthew guides viewers on creating an interior design contract online using legal templates. He directs users to access the templates via a link in the video description, navigating to the "business forms" section. By utilizing the search function, he demonstrates how to find the interior design contract template efficiently. After selecting the template, Matthew explains how to preview the PDF and fill it out. He specifies that the type of transaction involves the sale of services, as it pertains to design. He also mentions providing information for both the service provider and the customer, emphasizing clarity on the services rendered.