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.
The contract for a land lease generally runs for at least 50 years. The terms of a land lease arrangement are generally not important for people renting space in a building on leased land.With a land lease, the ground under a structure is leased rather than sold to the builder of a project.he contract for a land lease generally runs for at least 50 years. The terms of a land lease arrangement are generally not important for people renting space in a building on leased land.