Shelves in a retail store are an example of:
A) real estate
B) encumbrances
C) trade fixtures
D) real property

Question

Quizplus · Accepted Answer

Shelves in a retail store are considered trade fixtures, which are personal property items installed or attached by a tenant for business purposes. These are distinct from real property or real estate, which refers to land and any permanent structures attached to it. Encumbrances refer to any claims or restrictions on a property, while real property includes both land and any improvements on it.

Shelves in a Retail Store Are an Example Of