Property Ownership
In South Dakota, trade fixtures installed by a business tenant are:
AAlways real property belonging to the landlord at lease end
BPersonal property the tenant may remove before the lease ends✓ Correct
CRequired to remain unless the landlord agrees to removal
DSubject to automatic transfer to the landlord after 5 years
Explanation
Trade fixtures are items installed by a commercial tenant for business purposes (display cases, shelving). They remain personal property and the tenant may remove them before or at the end of the lease.
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