According to law, a trade fixture is typically treated as which of the following?

A trade fixture is classified as personality, meaning it is considered personal property rather than real property. This distinction is important because, while a trade fixture may be affixed to the property for the purpose of conducting business, it is intended to remain with the tenant. When a business tenant moves out, they have the legal right to remove these fixtures, as they are viewed as the personal property of the tenant.

Trade fixtures are specifically used for business operations and are often installed by a tenant to support their trade. Unlike regular fixtures, which are permanently attached and usually become part of the property, trade fixtures are meant to be removable. This aspect of being classified as personal property allows tenants to maintain ownership of their business-related installations, ensuring they can take them to future locations or when they exit the lease agreement.

Understanding this classification helps clarify the rights of tenants in commercial leasing situations and highlights the unique nature of trade fixtures in the context of real estate law.