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In this video, Matthieu demonstrates how to create a property management agreement using legaltemplates.net. He starts by suggesting viewers click the link provided to access real estate forms. Matthieu scrolls down to locate the property management agreement and selects Texas as the state. He proceeds to fill out essential details such as the owner's and property manager's names, property address, and other relevant information. Key components of the agreement, including responsibilities, compensation, and termination clauses, are highlighted as important steps not to overlook.