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During your search for commercial space, you may have encountered commercial real estate jargon. This video covers the basics of commercial leases, including common lease structures, important lease clauses, and delivery conditions. While you won't know everything about commercial leases after watching, you should know enough to be informed. Commercial leases can be structured in various ways, with triple net leases being one of the most common. In a triple net lease, the tenant pays base rent along with property taxes, building insurance, and common area maintenance. The tenant incurs all expenses related to the property.
