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In this video, Matthieu demonstrates how to create a property management agreement using legaltemplates.net. He starts by guiding viewers to click the provided link, navigate to the real estate section, and locate the property management agreement. After selecting the state (Texas), he begins filling out the document by entering the owner's details, the property manager's information, and the full property address. Matthieu emphasizes the importance of including essential components such as responsibilities, compensation, and termination terms in the agreement. He advises viewers not to overlook these critical steps in the process.