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In this video, Matthieu demonstrates how to create a property management agreement using legaltemplates.net. He starts by guiding viewers to click the provided link and navigate to the real estate forms section. He selects the property management agreement and chooses Texas as the state for the document. Matthieu proceeds to fill out the necessary information, including the property owner's name and the property manager's details. He emphasizes the importance of completing sections related to responsibilities, compensation, and termination. Viewers are encouraged not to overlook these critical components while drafting the agreement.