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Spencer Burton introduces Ron Rohde as the Acre legal contributor in the video. Ron Rohde presents a walkthrough of creating a waterfall template partnership agreement, which is requested by viewers. The document outlines the rights, responsibilities, and return of capital for general and limited partners in a partnership. Legal and modeling options are available for a sophisticated project, and understanding the legal document is crucial. Matthew Green, a real estate analyst and acquisitions expert, joins Ron Rohde in the tutorial.