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In this video tutorial, Matthieu explains how to create a property management agreement using legaltemplates.net. He first directs viewers to the website and selects "real estate forms," scrolling to find the property management agreement. After choosing Texas as the state, he guides viewers through filling out necessary details, including the owner's and property manager's information, and the property's full address. Matthieu emphasizes the importance of specifying responsibilities, compensation, and termination terms in the agreement, urging viewers not to overlook these critical steps in the document creation process.