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In this video, Matthieu guides viewers on creating a property management agreement using legaltemplates.net. He starts by navigating to the site and selecting the real estate forms section to find the property management agreement. After choosing Texas as the state, he outlines the steps to fill out the agreement, including providing the owner's and property manager's details, the property's full address, and essential sections like responsibilities, compensations, and termination clauses. Matthieu emphasizes the importance of these details for a comprehensive agreement.