What type of fixtures are items installed by a tenant that remain personal property?

Trade fixtures are items installed by a tenant for use in a business that remain classified as personal property, even though they are affixed to the premises. This distinction is crucial because it allows tenants to remove these fixtures at the end of their lease agreement without jeopardizing their ownership rights.

For instance, if a tenant operates a bakery, they might install commercial ovens, display cases, or specialized shelving that are necessary for their business. These fixtures enhance the operation of the tenant's business but do not become part of the property's real estate; instead, they can be taken down and removed when the lease ends.

In comparison, real fixtures, which are fixtures that are permanently attached to the property and are considered part of the real estate, would not be removable. Permanent fixtures also imply that they are meant to remain with the property, following the sale or transfer of the property. Collective fixtures is not a term recognized in real estate terminology, making it unlikely to be the correct choice in this context. Thus, the definition and treatment of trade fixtures under landlord-tenant law clarify why this is the correct answer.