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In this tutorial, Matthew demonstrates how to create an equipment lease form using legaltemplates.net. He directs viewers to the website, highlighting the navigation to personal forms. Users can either scroll or use the search function to find the equipment lease. After selecting the lease, he instructs users to identify themselves as the lessor, entering necessary details such as name and mailing address. Matthew emphasizes entering all required information and gives options for lease type, indicating whether it is a fixed term or periodic lease. Additionally, he mentions the need to specify payment details, whether it's a one-time or recurring payment.