trade fixture

trade fixture

n. a piece of equipment on or attached to the real estate which is used in a trade or business. Trade fixtures differ from other fixtures in that they may be removed from the real estate (even if attached) at the end of the tenancy of the business, while ordinary fixtures attached to the real estate become part of the real estate. The business tenant must compensate the owner for any damages due to removal of trade fixtures or repair such damage. (See: trade, fixture)

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Typically, a trade fixture is something that the tenant has affixed to the freehold, which can be removed without damage, and which was affixed for the purpose of carrying on the tenant's particular line of business.
The authors quote The Appraisal of Real Estate's criteria for determining whether an item is a trade fixture, which is personal property regardless of how it is affixed, or real property.
A trade fixture, also called a chattel fixture, is an article that is owned and attached to a rented space or building by a tenant and used in conducting a business.
The board includes Frontier Co-Op, Golden Temple and Trade Fixtures.
NOTE: Tenant needs to bring Yogurt-making trade fixtures but space has all new electrical, plumbing and walk-in freezer in place; plug-in and make yogurt.
install or place on the OCCC premises, such equipment, furnishings, trade fixtures, and other personal property necessary to provide mutually agreed upon services
In return for a premium of PS79,000, our client will lease the business with all trade fixtures and fittings, which are considerable and in very good condition, as the restaurant has only traded for less than one year.
Supreme Court Justice Martin Shulman has ruled that three foodservice tenants that leased space in the building and were displaced by the condemnation, can recover damages from the MTA for the value of trade fixtures lost in the condemnation--approximately $15 million, according to the tenants.
Guide Note 5 states: "When the scope of work includes an appraisal of personal property, trade fixtures or intangible items, competency in personal property appraisal or business appraisal is required.
How a condemnation clause handles compensation for trade fixtures is also a fertile area for disputes regarding a commercial tenant's interest in real estate compensation.
based Trade Fixtures, which makes bins and other supplies for bulk sections, says retailers can save money by buying bulk, and pass the savings to consumers.
The statement said that since the order was passed on 18th Dec 2009 the ninety days period given to MAKRO ends on 18th March 2010 and the management has decided to completely shut down its trade operation on the site in order to clear stocks and trade fixtures etc as the management of MAKRO has every intention to respect the decision of Honourable Supreme Court.