A dining room table is NOT an example of which of the following?

A dining room table is NOT an example of which of the following?

• A. Fixture
• B. Trade fixture
• C. Chattel
• D. Personal property

Answer: (B)

Understanding property classifications helps you tell what stays with the real estate and what can be removed. A dining room table is typically movable and not permanently attached to the building, so it is personal property (often called chattel). It isn’t installed to support a business operation, so it doesn’t fit the idea of a trade fixture, which is something a tenant installs in a leased business space to carry on a trade and that can be removed when the lease ends. So the dining room table is not a trade fixture, even though it can be personal property.

Understanding property classifications helps you tell what stays with the real estate and what can be removed. A dining room table is typically movable and not permanently attached to the building, so it is personal property (often called chattel). It isn’t installed to support a business operation, so it doesn’t fit the idea of a trade fixture, which is something a tenant installs in a leased business space to carry on a trade and that can be removed when the lease ends.

So the dining room table is not a trade fixture, even though it can be personal property.