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In this video, Matthieu demonstrates how to create a property management agreement using legaltemplates.net. He guides viewers to click on the provided link, navigate to "Real Estate Forms," and select "Property Management Agreement." After choosing Texas as the state, he explains the process of entering the owner's and property manager's information, including the property's full address. Matthieu emphasizes the importance of specifying responsibilities, compensation, and termination details. He encourages viewers to pay attention to these critical steps while drafting the agreement.