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In this tutorial, the focus is on creating and updating CTM master contracts. The presenter guides viewers through the annual contract update process, emphasizing the importance of team members learning to create and edit contracts, as they cannot be shared directly with them. The steps include accessing CTM, selecting "create new contract," and then choosing "create/edit quick start master template." The presenter has existing templates for a buyer's agency, a contract to buy and sell, and a seller's agency. The current task is to edit the buyer's agency name, with a note on changing defaults to ensure the correct generic template is used.