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In your search for commercial space, you've encountered various real estate terms, but you don't need to know them all. This video covers the essentials of commercial leases, including common lease structures, important lease clauses, and delivery conditions. You'll gain a foundational understanding of commercial leases—enough to navigate discussions. The video starts with lease structures, explaining that commercial leases vary by property type, business, and number of tenants. One common structure is the triple net lease, where tenants pay base rent plus property taxes, building insurance, and common area maintenance, covering most expenses related to the property.