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This video tutorial explains the basics of commercial leases, focusing on common lease structures, important lease clauses, and typical delivery conditions. Viewers will learn the fundamentals of commercial real estate jargon without needing in-depth knowledge. It highlights various lease structures, particularly the triple net lease, which is prevalent in commercial real estate. In a triple net lease, the tenant pays base rent plus three additional costs: property taxes, building insurance, and common area maintenance. Consequently, the tenant assumes all property-related expenses, while the landlord typically has fewer responsibilities. By the end of the video, viewers will have a foundational understanding of commercial leases.