asked 137k views
4 votes
Which of the following statements is true regarding trade fixtures?

A. Trade fixtures are permanently affixed to an improvement, but can produce personal property.
B. Trade fixtures must be approved and purchases by a landlord for business purposes.
C. Trade fixtures are items that a tenant uses in their business that wull be removed at the end of the lease.
D. Trade fixtures become parry of the property and transfer with the sale of lease of the property

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User Gklka
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1 Answer

4 votes

Final answer:

Trade fixtures are items that a tenant uses in their business that will be removed at the end of the lease.

Step-by-step explanation:

The correct statement regarding trade fixtures is option C: Trade fixtures are items that a tenant uses in their business that will be removed at the end of the lease.

Trade fixtures are items that a tenant installs or attaches to a property to facilitate their business operations. They are considered personal property, which means that they are not permanently affixed to the property and can be removed by the tenant at the end of the lease.

For example, if a restaurant tenant installs commercial kitchen equipment in a leased space, such as ovens, refrigerators, and fryers, those would be considered trade fixtures and can be removed by the tenant when they vacate the premises.

answered
User Lavanya Mohan
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6.7k points
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