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This video tutorial will explain the basics of commercial leases, helping viewers understand essential terms and concepts without needing to know everything. It covers common lease structures, significant lease clauses, and typical delivery conditions. Key points include the explanation of various lease types, notably the triple net lease, which is prevalent in commercial real estate. In a triple net lease, tenants pay base rent plus property taxes, building insurance, and common area maintenance, thereby incurring all property-related expenses while the landlord remains responsible for the structure itself. By the end of the video, viewers will have a foundational understanding of commercial leases.