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In this video, Matthew guides viewers on creating a month-to-month rental or lease agreement using Legal Templates. He starts by directing viewers to click on a link to access legalforms.net, then selects "real estate forms" and scrolls to find the month-to-month rental agreement. He demonstrates how to define the property type, opting for "apartment," and proceed to create the document. The form includes sections for the landlord's name (Matt King), tenant's full name (Mr. Ed), and details about the property such as address, type of housing, number of bedrooms and bathrooms, parking, storage, and furnishing condition. The tutorial emphasizes filling out necessary information accurately for the lease agreement.