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In this video tutorial, Matthew explains how to create a month-to-month rental or lease agreement. Viewers are directed to legaltemplates.net, where they start by selecting "real estate forms" and searching for the month-to-month rental agreement. Matthew demonstrates the process using an apartment as the property type, entering the landlord's name, Matt King, and tenant's name, Mr. Ed. He emphasizes filling out required information, including whether a guarantor is needed, the address of the premises, and details about the housing such as the number of bedrooms and bathrooms. Additional options for parking, storage, and the condition of the premises are also addressed.