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This video tutorial simplifies commercial real estate terminology, focusing on essential aspects of commercial leases. It outlines various lease structures, key lease clauses, and common delivery conditions. While viewers won't gain exhaustive knowledge, they will understand the basics. The video highlights common lease structures, starting with the triple net (NNN) lease, where tenants pay base rent plus property taxes, building insurance, and common area maintenance. In triple net leases, tenants are responsible for all property-related expenses, allowing landlords to have less financial involvement. This foundational understanding aims to equip viewers for their commercial space search.