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In this tutorial, Matthieu explains how to create a property management agreement using legaltemplates.net. He starts by guiding viewers to the website, specifically to the real estate forms section. After locating the property management agreement, he selects Texas as the state and begins filling out the necessary details, including the property owner's information and the property manager's details, which can be the same person. Matthieu emphasizes the importance of specifying the property's full address and mentions key elements like responsibilities, compensation, and termination clauses in the agreement. He encourages viewers not to overlook these crucial steps.