Illinois Real Estate Practice Exam

Which items on the premises are considered trade fixtures and can be removed by the tenant?

1. Foundation and structural beams

2. Appliances like refrigerators

3. Window treatments and specialized equipment

4. Exterior landscaping and fencing

The correct answer is: Window treatments and specialized equipment

Trade fixtures are items that a tenant installs in a rental property for their business operations and can be removed before they vacate the premises. They are considered personal property of the tenant, even though they may be attached to the property. The correct answer encompasses items that are typically associated with a business operation. In this case, window treatments and specialized equipment fit the definition of trade fixtures, as they serve a specific function for the tenant’s business and can be taken down and removed when the tenant moves out. This aligns with common practices regarding what items tenants install to enhance their business space. Other options, such as foundation and structural beams, are permanent fixtures of the building and are not removable by tenants. Appliances like refrigerators may sometimes be considered personal property, specifically if they are supplied by the landlord; however, they do not typically fall under the category of trade fixtures if they are standard amenities rather than specially installed for the tenant's specific business needs. Exterior landscaping and fencing are generally considered part of the property and not trade fixtures, as they are permanent improvements to the land.