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In this tutorial, Matthew explains how to create a month-to-month rental or lease agreement. He directs viewers to legaltemplates.net to access the necessary forms for this task. Users can choose the property type, such as an apartment, and fill in details such as landlord and tenant names, address of the premises, number of bedrooms and bathrooms, parking availability, and furnishing condition. This step-by-step guide helps in creating a customized rental agreement efficiently.