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ASU ACC241 Exam 2 Practice
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A bakery tenant installs a large commercial oven that can be removed without material damage to the building. At the end of the lease, the oven is generally classified as what?
A fixture that automatically belongs to the landlord
A trade fixture the tenant may remove
An appurtenance that runs with the land
An emblement
Reveal Answer
Correct Answer:
A trade fixture the tenant may remove
Explanation:
Equipment installed by a tenant for business use is generally a trade fixture and may be removed before the tenancy ends if removal does not cause material damage.
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