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In this video, Matthew explains how to create a DJ contract using Legal Templates. He provides a link to access the templates and guides viewers to navigate to the business forms section. By using the search button to find "DJ contract," viewers can quickly locate the relevant template. Matthew highlights that the nature of the transaction typically involves the sale of services, with the DJ providing the service and the buyer's details needed for the contract. The video aims to simplify the process, making it easy for users to generate a professional contract.