agricultural holdings

Tenant Payments

Judge Richard Adams delivered an important ruling during the Limerick Quarter Sessions concerning the fixing of fair rents on Irish agricultural holdings. He declared that money already paid by a tenant to obtain possession of a farm should be taken into account when the judicial rent was assessed. Such payments commonly represented the purchase of the outgoing tenant’s interest, goodwill or tenant-right rather than money paid directly to the landlord. Adams’s statement recognised that an incoming occupier might have invested a substantial sum before paying a single year’s rent and that this financial burden formed part of the true circumstances of the tenancy.