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In this video tutorial, the basics of commercial leases are covered, focusing on common lease structures, important lease clauses, and typical delivery conditions. Viewers will learn that they don't need to know all real estate jargon to navigate commercial leases effectively. The video highlights the triple net lease, which is a prevalent structure requiring tenants to pay base rent plus property taxes, building insurance, and common area maintenance. This type of lease means that tenants are responsible for all property-related expenses, while the landlord typically maintains ownership. By the end of the tutorial, viewers should have a foundational understanding of commercial leases.
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