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In this video, Matthieu explains how to create a property management agreement using LegalTemplates.net. He directs viewers to click on the provided link and navigate to the real estate forms section. After locating the property management agreement, Matthieu selects Texas as the state to create the document. He walks through the necessary fields, including the owner's name, property manager, and full property address. The tutorial emphasizes the importance of detailing responsibilities, compensation, and termination clauses in the agreement. Viewers are encouraged not to overlook these critical components in the document creation process.