Agricultural holdings are often held under oral tenancies where the terms are vague or have been forgotten. Likewise, old written tenancies tend to be short and may not include many of the important provisions which are required. There are two main types of agricultural tenancy:
- An Agricultural Holding Tenancy if the tenancy was granted before 1 September 1995 or
- A Farm Business Tenancy if the tenancy was granted after that date.
It is important to check the type of tenancy you have as the two regimes give landlords and tenants different rights and responsibilities and may affect succession rights if the person who had the original tenancy dies