Property Management
A Wyoming commercial tenant who operates a restaurant in a leased space installs a commercial hood vent system. At lease end, the hood vent is:
AA fixture that stays with the property
BA trade fixture that the tenant may remove✓ Correct
CCommunity property shared between tenant and landlord
DAutomatically owned by the landlord after 3 years
Explanation
A commercial hood vent system installed by a restaurant tenant is a trade fixture—equipment specifically installed for the tenant's business operations. Trade fixtures remain the personal property of the tenant and may be removed at lease end, subject to repairing any damage.
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