Property Ownership
A Kentucky commercial tenant who installs their own shelving, refrigeration units, and countertops in a leased space has installed what type of property?
AReal property that becomes part of the building
BTrade fixtures that the tenant may remove before or at lease end✓ Correct
CPersonal property that becomes real property upon installation
DImprovements that belong to the landlord upon installation
Explanation
Trade fixtures are items of personal property installed by a commercial tenant for use in their business. Unlike regular fixtures that become part of real property, trade fixtures remain the tenant's personal property and can generally be removed before or at lease expiration, provided the tenant repairs any damage.
Related Kentucky Property Ownership Questions
- In Kentucky, a judgment lien is a:
- In Kentucky, property owned by a business entity (LLC or corporation) is titled:
- In Kentucky, an easement appurtenant:
- A Kentucky property owner who experiences a taking through government regulation (not physical acquisition) that destroys all economic value may assert a claim under:
- In Kentucky, a property described as the 'NW 1/4 of Section 16, Township 5N, Range 3E' contains how many acres?
- A Kentucky court may order the sale of property in a partition action when:
- Under Kentucky law, which of the following is a lien on real property?
- Kentucky's doctrine of equitable conversion holds that once a real estate contract is signed:
Practice More Kentucky Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Kentucky Quiz →