Orla leases a building to Pleasant Valley Residence, an assisted living facility. During the term of the lease, Orla installs a new roof and commercial kitchen appliances, and repaves the parking lot. Most likely to meet the definition of a trade fix?ture is
A) the kitchen appliances.
B) the parking lot.
C) the roof.
D) none of these choices.

Question

Quizplus · Accepted Answer

A trade fixture is a piece of equipment or property that a tenant attaches to a leased space to conduct their business. In this case, the commercial kitchen appliances are the most likely to be considered a trade fixture as they are specifically used for the assisted living facility's business operations. The roof and parking lot improvements are considered building improvements and are typically the responsibility of the landlord.

Orla Leases a Building to Pleasant Valley Residence, an Assisted