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During your search for commercial space, you may have encountered commercial real estate jargon, but don't worry - you don't need to know everything. This video covers the basics of commercial leases, including common lease structures, important lease clauses, and common delivery conditions. By the end, you should have a good understanding of commercial leases. The most common lease structures include triple net, which requires the tenant to pay base rent along with property taxes, building insurance, and common area maintenance. With triple net leases, the tenant incurs all expenses related to the property.
