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During your search for commercial space, you may have encountered a lot of commercial real estate jargon. However, you don't have to know everything. This video covers the basics of commercial leases, including common lease structures, important lease clauses, and common delivery conditions. By the end, you should know enough to be dangerous. Commercial leases can be structured in various ways depending on the type of property, business, and tenants. One common structure is the triple net lease, where the tenant pays base rent along with property taxes, building insurance, and common area maintenance. With triple net leases, the tenant incurs all expenses related to the property.
