There is a widespread practice of selling or granting
licences/lets to graze animals or take grass from land for a
season. This is particularly common when a farmer retires. Various
terms are used to describe it, such as sale of grass, grazing
rights, grazing licence/lets or grasskeep.
Practice varies between different parts of the country. The
precise terms of each arrangement also depend on what the parties
agree.
If vacant possession reverts to the landowner within a year,
relief from inheritance tax, if due, will be at the higher
rate.
