Encourage, facilitate, and promote commercial space launches and reentries by the private sector.

commercial space transportation industry, to ensure compliance with international obligations of the United States, and to protect the public health and safety, safety of property, and national security and foreign policy interests of the United States Commercial Space Transportation was established to: In November 1995, Commercial Space Transportation was transferred to the Federal Aviation Administration ( FAA) as the FAA's only space-related line of business.

50901 вЂ“ 50923) as part of the Office of the Secretary of Transportation within the Department of Transportation ( DOT). The Office of Commercial Space Transportation ( AST) was established in 1984 ( Commercial Space Launch Act of 1984, as amended and re-codified at 51 U.S.C.

The owner never want their offices to be empty, so always negotiate according to your terms.About the Office of Commercial Space Transportation.

Never buy the first place, look for more places so you can find the right place for your business.

Tips to make Office Sublease Agreement Effective

What happens if a lease agreement ends up badly, also think before taking the office.

Think who is going to pay for the renovation and maintenance charges.

Also calculate how much the lease is monthly is going to cost you.

Do not rush, take some time to find a suitable office for yourself.

Office Sublease Agreement Common Mistakes

Tenant should surrender the office in neat, working and functioning condition.

Tenant is obligated to land lord for liquidated damages, in case of being a default y.

The lease will be canceled, if the tenantвЂ™s or any of his client is involved in bankruptcy.

If the office is taken by the government, automatically the sublease agreement would be terminate.

Tenant also give guarantees he will not create any kind disturbance and he would place his office equipment according to the certificate of occupancy.

In the contract the tenant also guarantees his use of electricity will not exceed than the capacity.

Land lord will not be responsible for any kind of theft, loss or damage caused to the tenantвЂ™s office.

The agreement holdвЂ™s tenant right of basic services of electricity, water and gas.

Land lord and his servants can inspect the office at any time.

If the tenant is found default y of any terms and conditions, Land lord can ask him to ask fees and expenses with entrust.

The land lord has the right to make alterations in the office.

ItвЂ™s his responsibility to inform the owner at once.

If the commercial office is burned by fire, or any damage done to the office not by the tenant or his employees.

In the agreement the tenant have the right to sue the land lord, if he breaks the contract without any reason.

If any damage is caused to the office by tenant or tenantвЂ™s employees, then he will pay the expenses.

It is tenantвЂ™s duty to keep the office in neat, working and functioning condition.

If the tenantвЂ™s has deposited the security to the land lord, it should be mentioned.

The contract also states that the tenant is taking the office in вЂњas isвЂќ order.

Additional rents, security deposits, and any additional insurance premiums to the land lords should also be mentioned.

Monthly rent of the tenant should be stated in the contract.

All the terms and conditions should be in clear and in simple wording.

Terms and Conditions of the Office Sublease Agreement

Office space sharing agreement template