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In this video, Matthew guides viewers through creating a painting contract using Legal Templates. He directs them to find the link in the video description, then navigate to the business forms section and search for "painting contract." After selecting the option to create a document, he explains that the transaction is classified as a service. Viewers are instructed to enter their information as the service provider and their customer's details. They should describe the service, specifying whether it's for painting a house or a room, and include the number of projects and pricing per project. The session emphasizes customization based on specific painting tasks.