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During your search for commercial space, you may have encountered a lot of real estate jargon, but not to worry. This video covers the basics of commercial leases, including common lease structures, important clauses, and delivery conditions. You don't need to know everything, but understanding these key points will help. Commercial leases can be structured in various ways, such as triple net leases, where the tenant pays base rent along with property taxes, building insurance, and common area maintenance. Triple net leases shift expenses to the tenant, making them responsible for property costs.
