Trade Fixture
Definition of "Trade fixture"
Articles of personal property installed by a tenant under the terms of a lease for purposes of use in his or her trade or business, Trade fixtures are removable by the tenant before the lease expires and are not true fixtures.
Popular Real Estate Terms
Borrower who gives property as collateral for a loan. ...
An early term used to describe all types of real estate property, improvements to the land, and all rights accruing to the land. ...
As a suburban nation with the majority of Americans living in the suburbs, the actual classification of suburbs had long been expected. Still, recently, three academic approaches for ...
Method of revenue recognition based on delivery instead of sale. ...
Temporary financing meeting a developer's financial difference between a construction loan and a permanent mortgage. ...
Action that is beyond that allowed legally. Examples are charging illegally high interest rate on mortgages and real estate exceeding the amount permissible by legal statute, and a real ...
The process of changing, updating, and altering the appearance and structural characteristics of a building. For example, John remodels the kitchen in his home by replacing the cabinets, ...
Waterproofing the joint of a roof. ...
Significant elevation of land. Narrow upward strip. Connection of edges between different sloping surfaces. ...
Have a question or comment?
We're here to help.