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In this video tutorial, Matthew demonstrates how to create a short-term rental agreement using a legal template from legaltemplates.net. He guides viewers to navigate to the real estate forms section on the website. After selecting the short-term rental agreement and choosing Texas as the state, he explains the process of filling out the form, including identifying the owner and guests. Matthew emphasizes the importance of listing additional guests, their relationships, and specifying the maximum number of guests and visitors allowed. He also mentions setting charges for guests exceeding the stated maximum occupancy, using an example charge of five dollars per additional overnight guest.