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In this video tutorial, Greg from SharePoint Maven demonstrates how to save a Microsoft Form as a template. He explains a scenario where a user has created a survey with various questions and choices and wants to share it with a colleague instead of having them replicate the form. To share the form as a template, the user simply navigates to the form, clicks 'Share', and selects 'Share as a template,' which allows them to copy the link. The link can then be emailed to the recipient. Greg prepares to illustrate what happens when the recipient, in this case named John, clicks on the shared link.