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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 the website's real estate forms section, where they can find the property management agreement. Matthieu selects Texas as the state and proceeds to fill out the necessary details, such as the names of the property owner and manager, along with the property's full address. He emphasizes the importance of completing sections related to responsibilities, compensation, and termination terms. Viewers are encouraged to carefully consider these crucial components while drafting the agreement.