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This video tutorial explains the basics of commercial leases, aiming to demystify common real estate jargon. It covers essential lease structures, key lease clauses, and typical delivery conditions. While viewers won't master all aspects of commercial leases, they will gain a foundational understanding. The tutorial highlights various lease structures, such as the triple net lease, which is prevalent in commercial real estate. In a triple net lease, tenants are responsible for paying base rent alongside property taxes, building insurance, and common area maintenance. Ultimately, tenants bear all property-related expenses, except for the land.