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In this video tutorial on commercial leases, viewers are introduced to essential terminology and concepts in commercial real estate. The tutorial covers the basics of lease structures, key lease clauses, and common delivery conditions of commercial leases. While viewers may not gain exhaustive knowledge, they will have a solid understanding to navigate commercial lease agreements. The video begins by outlining various lease structures, with a focus on the triple net lease, one of the most prevalent types. In a triple net lease, the tenant pays base rent plus property taxes, building insurance, and common area maintenance. This structure places the financial responsibility for most property-related expenses on the tenant.
