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trade fixtures

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trade fixtures

Personal property attached to a structure and used in a business.Normally,fixtures become part of the real estate and cannot be removed by a tenant.Trade fixtures,however,are recognized as a part of the business itself,not the real estate,and so may be removed at the expiration of the lease term.Despite that,many leases specifically provide that any tenant improvements paid by the landlord must remain on the property,even if they are trade fixtures.



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S The trade fixtures and fittings are for sale at pounds 35,000 and a new lease is available for nine years with an annual rent of pounds 18,000.
If not, following any default under the ground lease, a landlord's lien in favor of the Fee Owner could arise with respect to the Subtenant's property, including its trade fixtures, equipment and inventory.
 
 
 
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