Dictionary of Business Terms: trade fixture
trade fixture
property placed on or annexed to rented real estate by a tenant for the purpose of the conduct of a trade or business. The law makes provision for, and leases often expressly permit (or require), the tenant's removal of such fixtures at the end of his tenancy. Examples are light fixtures, bar stools, and neon signs.
Dictionary of Real Estate Terms: trade fixture
trade fixture
articles placed in rented buildings by the tenant to help carry out trade or business. The tenant can remove the fixtures before the expiration of the lease, but if the tenant fails to do so shortly after the lease expires, the fixtures become the landlord's property.
Examples: Trade fixtures include:
- bar stools
- neon signs
- decorative or functional light fixtures
- stoves and refrigerators
