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In this video, Matthew explains how to create a DJ contract using Legal Templates. He provides a link to the website where viewers can find the necessary forms. To start, users should navigate to the "business forms" section and select "view all business forms." A search function is available for convenience, allowing users to quickly find the "DJ contract." After accessing the contract, users can preview the PDF or create the document directly. The transaction typically involves the provision of services, with the DJ providing services to the buyer. Personal details for both the DJ and the buyer will need to be included in the contract.