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This video tutorial explains essential concepts related to commercial leases, aiming to demystify common real estate jargon. It covers the basics of commercial lease structures, important lease clauses, and typical delivery conditions. By the end, viewers will have a foundational understanding of commercial leases. The video highlights various lease structures, with a focus on the triple net (NNN) lease, a prevalent type that requires tenants to pay base rent plus property taxes, building insurance, and common area maintenance. In triple net leases, tenants bear all property-related expenses. Overall, the content provides a practical overview for those navigating commercial real estate.