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In this video, Matthieu demonstrates how to create a property management agreement using legaltemplates.net. He begins by guiding viewers to the website and navigating to the real estate forms section. He selects the property management agreement and specifies Texas as the state for the document. Matthieu outlines the necessary information to fill in, including the owner's details, property manager's information, and the property's full address. He emphasizes the importance of addressing responsibilities, compensation, and termination clauses in the agreement, ensuring viewers understand the critical steps in the process.