#33 - Approaches to Valuing an Agricultural Tenancy
While there is no marketplace for agricultural tenancies, they can still have a significant value to be assessed for compulsory purchase, taxation, and other instances. In this episode, Jeremy Moody reviews the principles of valuing an agricultural tenancy and outlines the two main approaches to valuation – the Profit Rent method and the Special Purchaser basis. He also refers to the statutory framework in Scotland for Relinquishment and Assignation.