Law, Business Structures & Agreements

Question 1

Two Key Sections AHA Dilaps

Answer 1

S71 - Deterioration of Parts
S72 - Deterioration of Holding

Question 2

Section for Settlement of Claims - AHA & Notice Period

Answer 2

S83
Within 2 Months After Termination

Question 3

What Schedule Governs Short Term Improvements - AHA

Answer 3

Schedule 8

Question 4

Examples of Short Term Improvements Under Schedule 8 - AHA

Answer 4

Lime
Fert
Fruit Trees
Mole Drainage
Growing Crops

Question 5

What Section is an Arbitrator Applied For - ATA

Answer 5

S12

Question 6

Which Section Determines How Much Rent is Payable - ATA

Answer 6

S13

Question 7

What is the Basis of Valuation for Tenants Improvements

Answer 7

The Value to the Hypothetical Incoming Tenant

Question 8

What Section Governs the Tenants Right to Claim for Tenants Improvements - ATA

Answer 8

S22

Question 8

What are the Two Methods for Valuing Tenants Pasture

Answer 8

Face Value & Cost Basis

Question 9

Four Stat Factors to Consider - RR

Answer 9

• Terms of Tenancy
• Character & Situation
• Productive Capacity
• Relative Earning Capacity
• Comps

Question 10

What is a Case A NTQ - AHA

Answer 10

Tenant Retiring - Alt Accom. Available

Question 11

What is a Case B NTQ - AHA

Answer 11

Land Use Other Than Ag

Question 12

What is a Case C NTQ - AHA

Answer 12

Tenant Not Fulfilling Good Husbandry

Question 13

What is a Case D NTQ - AHA

Answer 13

Tenant Failed to Comply With Notice i.e. Unpaid Rent

Question 14

What is a Case E NTQ - AHA

Answer 14

Commission Had Materially Prejudiced The Interest

Question 15

What is a Case F NTQ - AHA

Answer 15

Tenant Has Become Insolvent

Question 16

What is a Case G NTQ - AHA

Answer 16

Death of Tenant

Question 17

What is a Case H NTQ - AHA

Answer 17

NTQ to Use or Dispose of Land

Question 18

NTQ Relevant Section, Notice Period & Tenants Counter Notice - AHA

Answer 18

S25
12 Months Notice
Counter Notice - S26

Question 19

Rent Review Notice - AHA

Answer 19

S12
12-24 Months Notice

Question 20

Frequency of Rent Reviews - AHA

Answer 20

3 Years

Question 21

Date to Qualify for Succession - AHA

Answer 21

12th July 1984

Question 22

Introduction Date of ATA

Answer 22

1st September 1995

Question 23

What is a Tenants Fixture

Answer 23

Part of Premises - May be Removable

Question 24

What is a Tenants Improvement

Answer 24

Chattel That Has Become Permanent and Irremovable

Question 25

Dilapidations Right to Claim - AHA

Answer 25

S71

Question 26

Dilapidations Notice to Claim Dilapidations & Notice Period - AHA

Answer 26

S83 2 Months

Question 27

Landlord Repairs - AHA

Answer 27

- Roof - £100 for previous 6 years can be Requested from Tenant - Chimney Stacks/Lining - External Walls - Staircases - Roof/Wall Insulation - Exterior Painting of Farmhouse - Every 5 years - Water Below Ground - Electrical

Question 28

Tenant Repairs - AHA

Answer 28

- Fixtures/Fittings - Drains - Sewers - Manholes - Fences/Hedges - Handling Systems - Sheep Dips - Troughs - Electrical - Installed by Tenant

Question 29

Tenants Right to Remove Tenants Fixtures - AHA

Answer 29

S10

Question 30

Relevant Section to Increase Rent Due to Improvement Done by Landlord at Tenants Request - AHA

Answer 30

S13

Question 31

Tenant Notice for Landlord to Make Improvement - AHA

Answer 31

S11

Question 32

How is Productive Capacity Assessed

Answer 32

- Soil Type - Land Grade - Drainage - Building Types & Capacity - Assume Competent Tenant w/ Husbandry to Suit Holding - Compare Tenants Figures with Nix/ABC - Av over Number of Yrs

Question 33

What is Related Earning Capacity

Answer 33

What a Competent Tenant Could be Expected to Earn off Holding

Question 34

What is Discarded in Rent Review

Answer 34

- High Farming - Tenants Fixtures - Anything Done w/ LL Consent - Diversification - Scarcity - Marriage Value - Effect of any Premium

Question 35

Key Points- Restrictive Covenant

Answer 35

- Benefit & Burden - Beneficiary MUST own Land Close or Adjoining & Therefore Benefit of Covenant - Linked to Land