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In this video, Matthew demonstrates how to create a lease extension agreement using legaltemplates.net. He starts by directing viewers to click on a provided link to access the site. Once there, he guides them to navigate to the real estate forms section, where they find the lease extension agreement. Matthew suggests selecting Texas as the governing state for the document. He proceeds to input the tenants' information, emphasizing that the details are fictional for demonstration purposes. Viewers are instructed to indicate whether there are multiple tenants and to provide the landlord's information, including name, address, city, state, and zip code, along with the date of the original agreement.