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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 link and navigate to real estate forms, where they can find the property management agreement. Matthieu selects Texas as the state and proceeds to enter details such as the owner's name, property manager's name, and the property's full address. He emphasizes the importance of including details regarding responsibilities, compensation, and termination terms in the agreement. The tutorial aims to help viewers understand the key components necessary for drafting a comprehensive property management agreement.