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In this video tutorial, key concepts of commercial leases are introduced, aimed at helping viewers understand essential terminology without needing extensive prior knowledge. The tutorial covers common lease structures, important lease clauses, and typical delivery conditions. Among the lease types, the triple net lease is highlighted as one of the most prevalent. This lease structure requires tenants to pay base rent along with property taxes, building insurance, and common area maintenance costs, making them responsible for all property-related expenses. By the end of the video, viewers will have a foundational understanding of commercial leases.