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In this video, Matthieu demonstrates how to create a property management agreement using legaltemplates.net. He starts by navigating to the website and selecting the real estate forms section. After scrolling down, he locates the property management agreement and chooses Texas as the applicable state. Matthieu guides viewers through filling out the document, starting with the property owner's details, followed by the property manager's information. He emphasizes the importance of including the property's full address, key responsibilities, compensations, and termination clauses. Viewers are advised not to overlook these crucial steps in the agreement creation process.