Trade Fixture Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Trade Fixture, written in plain English, along with examples of how it is used.
What is Trade Fixture?
it’s a personal property of the business tenant on the real property where the tenant is doing his business and who removes or dismantles those fixtures at the time of completion of the lease or tenancy. For Eg. A tenant has machinery fixed to the floor of the property which needs to be vacated as the term of tenancy is over. The tenant has the right to those machinery which is also known as trade fixtures which he would uproot and take away but will have to pay for the damages that may have caused due to rooting and uprooting of the machinery on the floor.