Farm Business Tenancy (FBT) is a type of agricultural lease in the United Kingdom that allows farmers to rent land for farming purposes. It was introduced in 1995 to provide more flexibility and security for both landlords and tenants. Under an FBT, tenants can cultivate the land, grow crops, and raise livestock while adhering to the terms of the agreement. The tenancy can last for a fixed term or be periodic, allowing for renewal or termination under specific conditions. Tenants are responsible for maintaining the land and may have rights to make improvements, while landlords retain ownership and certain rights over the property.