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In this video, Matthieu demonstrates how to create a property management agreement using legaltemplates.net. He begins by directing viewers to the site and navigating to the real estate forms section. After selecting the property management agreement, he chooses Texas as the state and proceeds to fill in details such as the owner's name, property manager's name, and full property address. Matthieu emphasizes the importance of including responsibilities, compensations, and termination clauses in the agreement to ensure all essential aspects are covered. Viewers are encouraged to follow along and complete the document accurately.