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In this video, Matthew explains how to create a quit claim deed by filling out a form from legaltemplates.net. He navigates to the real estate forms section and chooses a random state, Texas, to demonstrate the process. Matthew emphasizes the filling out of essential information such as the names and addresses of the grantor (which can be an individual, couple, corporation, or partnership) and the grantee. He highlights that the grantee can also be various entities like a partnership or corporation. Throughout, he gives detailed instructions on completing the necessary fields, including mailing addresses and parcel numbers for the property.