What is considered a trade fixture?

A trade fixture is defined as personal property that a tenant brings into a leased commercial space in order to conduct their business. These fixtures are essential for the operation of the business, such as equipment, shelving, or specialized installations. Unlike other types of fixtures, which become the property of the landlord when attached to the building, trade fixtures remain the tenant's property even after the lease ends, as long as the tenant removes them without damage to the property.

This distinction is important in real estate because it clarifies the rights of the tenant regarding their business needs. The other options do not capture the essence of what a trade fixture is, thus reinforcing the significance of choice B. Immovable property owned by the landlord pertains to real property, while a shared common area does not specifically relate to tenant fixtures at all. A type of security deposit is entirely different, as it deals with the financial obligations between the landlord and tenant rather than physical property used for business operations.