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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 the real estate forms section, and select "property management agreement." After choosing Texas as the state, Matthieu walks through the steps of filling out the agreement, including entering the owner's and property manager's details, the property's full address, and relevant dates. He highlights the importance of specifying responsibilities and compensation in the agreement, and briefly touches on termination terms. Viewers are encouraged not to overlook these critical components.