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Tenant Fixtures

 
Business Dictionary: Tenant Fixtures

Fixtures added to leased real estate by lessees, which, by contract or by law, may be removed by the lessee upon expiration of the lease.

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Real Estate Dictionary: Tenant Fixtures
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Fixtures added to leased real estate by a Lessee that, by contract or by law, may be removed by the lessee upon expiration of the lease.
Example: Joseph leased a building to use for a dry-cleaning business. Much of Joseph's equipment had to be attached firmly to the building; however, since the fixtures were used in his business, they were tenant fixtures, and he could remove them when the lease expired.

 
 

 

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Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more