Commentary

I7.369 APR land owned by a partner

IHT, trusts and estates

I7.369 APR land owned by a partner

I7.369 APR land owned by a partner

Often a transferor owns a farm which is occupied by a partnership of which he is a partner.

Where the partnership has an agricultural tenancy that began post 31 August 1995 the relevant rate of APR will be 100%. For details see I7.304.

As stated in I7.362, it is possible for the owner of land to farm it in partnership with others, sharing possession with them and not creating an agricultural tenancy or a licence converted into one by the Agricultural Holdings Act 1986. In these circumstances whether vacant possession can be obtained within

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