Define: Trade Fixture

How is Trade Fixture defined in a legal contract?

• Trade Fixture means furniture, fixtures, and equipment located on a premises that can be removed without causing significant damage that cannot be readily repaired without undue expense. Such items have not become so integrated with the property such that they are considered real property under law. Seen in 4 SEC filings
• Trade Fixture means any items attached to a property, excluding equipment that is not considered a fixture due to the way it is connected to electricity. All portable, unattached items belong to the tenant. The landlord owns all remaining trade fixtures. Seen in 4 SEC filings
• Trade Fixture means an item of personal property. Seen in 2 SEC filings
• Trade Fixture means machinery and equipment belonging to the tenant that can be removed without causing substantial damage to the leased premises. Seen in 2 SEC filings
• Trade Fixture means signage, machinery, or equipment used for identifying or advertising a business. This can include items physically integrated with at the premises. Seen in 2 SEC filings
• Trade Fixture means a piece of equipment used in the tenant's trade or business that exists on or is attached to the premises. Seen in 1 SEC filings

Please note, these definitions have been adapted for wider use and may not entirely reflect the original material.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of trade fixture' yourself to verify these results. We are always keen to point people to source documents.

‍

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

‍

Genie Definition 1

Trade Fixture means items, integral to a business, located on a property that can be detached without significant damage.

Relevant Contract Types

• Real Estate Lease Agreement
• Commercial Rent Agreement
• Business Sale Agreement

Relevant Circumstances

• Selling or purchasing a business
• Preparing a lease or rental agreement for a commercial property
• Disputing over property damages

Relevant Sectors

• Commercial Real Estate
• Retail
• Hospitality

‍

Genie Definition 2

Trade Fixture means a tenant's removable equipment on a leased property, used in its business operations.

Relevant Contract Types

• Equipment Lease Agreement
• Industrial Lease Agreement
• Sublease Agreement

Relevant Circumstances

• Subleasing a commercial property
• Relocating a business or shutting down operations
• Determining responsibility for repair or replacement of equipment

Relevant Sectors

• Manufacturing
• Services
• Agriculture

‍