What is a farm business tenancy? 1. Qualifying conditions that must be met in order for a tenancy to come within the scope of the Act; 2. At least part of the tenanted land must be “farmed for the purposes of a trade or business” throughout the life of the tenancy. and either; 3. Provided that the tenancy is primarily agricultural to start with, the parties can exchange notices, before the tenancy begins, confirming their [...]
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