To pilot a commercial airline, captains must obtain an airline transport pilot's license from the Federal Aviation Administration (FAA). Applicants for this license must be at least 23 years old. Pilots also must also meet flight time requirements, pass a written and flight exam and meet health standards.
2 A. Introduction 1. Characteristics of a Ground Lease Most commercial leases which real estate lawyers encounter involve the lease of space in a building for a period of years. A ground lease, however, is a much different form of lease whereby the tenant leases the land rather than a building.
A commercial lease agreement is a contract made between a property owner and a business. The commercial lease allows businesses to use rental property, rather than buying property. This has a number of advantages for a variety of business types, the primary of which is a lower amount of cash needed to get started.