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.
Under common law, improvements constructed by the lessee on the leased premises would revert to the landlord at termination of the leasehold estate. Many ground leases, however, specifically provide in the reversion clause for the right of the lessee to remove all improvements at the end of the lease term.