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In this video tutorial, Matthew guides viewers through the process of creating a lease extension agreement using legaltemplates.net. He starts by clicking on the provided link, then navigates to the real estate forms section. After selecting the lease extension agreement, he chooses Texas as the governing state. Matthew explains the steps for filling out the tenant's information, noting that it can be made up for this exercise, and discusses inputting details for additional tenants if applicable. He also covers the landlord's information, including name, address, and the date of the original agreement.