Landlord & Tenant Flashcards
Level 3
Two main pieces of ag tenancy legislation
Agricultural Holdings Act 1986
Agricultural Tenancies Act 1995
Succession date AHA 1986
Tenancy must have been granted before 12th July 1984
When did FBTs come in
1st September 1995
When did succession come in for AHA 1986
14 November 1976
When did succession rules change
1st September 2024 under the Agriculture Act 2020
Succession criteria
Close relationship test
Principal source of livelihood test
Suitability
Succession notices
On death - 3 months to apply
On retirement - 1 month to apply
AHA rent review notice
S12
FBT rent review notice
S10as
LTA 1954 contracting out sections
S24-28
Two methods of contracting out of security of tenure provisions
- simple declaration
- statutory declaration
What length tenancies must be registered with the Land Registry
7 years
When must AML be done on landlords (rental amount)
120,000 euros or more
When is SDLT paid on rent (amount)
Rents over £125,000