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In this tutorial, Matthew explains how to create a Memorandum of Understanding (MOU) using legal templates. He starts by directing viewers to click a link in the video description that leads to business forms. He advises using the search engine to find the MOU form. The first step involves identifying the first party—either a business or an individual—and inputting relevant details such as name, address, city, state, and zip code. The same process applies to the second party. Matthew emphasizes the need to determine when the MOU will become effective, as well as detailing the project's name and objectives. Finally, he discusses the importance of outlining the expertise and experiences each party will bring to the agreement.
