Trade fixtures are best described as?

Trade fixtures are best described as personal property related to a tenant's business. This means that these fixtures are items installed by a tenant in a commercial space to aid in their business operations. Although trade fixtures may be physically attached to the property, they remain the personal property of the tenant and are typically removable when the lease ends.

For instance, a restaurant may install a grill or a bar sink as part of their fixtures. When the lease comes to an end, the restaurant owner can remove these fixtures, provided they repair any damage caused to the premises during the removal process.

This contrasts with permanent additions to a home, which typically become part of the property itself and are not removable by the tenant. Common fixtures found in residences refer to items that are intended to stay with the property and reflect the permanent nature of residential installations. Neighbors' improvements on the property are unrelated to trade fixtures as they pertain to external modifications made by adjacent property owners, not to the business operations of a tenant.