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In this tutorial, Matthew explains how to create a painting contract using Legal Templates. He directs viewers to find the link in the video description, then navigate to the business forms section. After searching for "painting contract," he selects the "create document" option. He specifies that the transaction involves a service, for which viewers should provide their details as the service provider and the customer’s information. Next, he advises on describing the service, such as painting a house or room, and includes the number of projects and pricing details.