Trade Fixture

Definition: A trade fixture is an item installed by a tenant for the tenant’s business that generally remains the tenant’s personal property despite being attached to the rented premises.

Example

A retail tenant installs display shelving for its store under a lease allowing the tenant to remove that equipment. The shelving is treated as a trade fixture.

Keep the distinction clear

Not every improvement made by a business tenant is a trade fixture. Removal rights, timing, and responsibility for damage depend on the lease and applicable law; do not assume the tenant can remove any installation at any time.

Related terms

Fixture · Personal Property · Leasehold Estate

Keep studying

Freehold vs. Leasehold Estates: How to Tell Them Apart

References: Cornell LII: Trade fixture

Pronunciation (US): TRAYD FIKS-cher (capitals show stress)

Pronunciation reference: Merriam-Webster