Ownership
Trade Fixture
A concise definition for the California Real Estate Exam study guide.
Definition
A trade fixture is equipment installed by a commercial tenant for business use. It generally remains the tenant's personal property, but the tenant must remove it on time and repair resulting damage.
Why it matters on the California real estate exam
Know the definition, recognize how the term appears in a fact pattern, and compare it with related concepts before choosing an answer.
Study this topic in context
Read the related chapter for the surrounding concepts, examples, and exam tips.
Chapter 1: Real Estate Ownership & Land Use →