What term refers to personal property used in a business that is attached to the property but can be removed by the tenant?

The term that refers to personal property used in a business that is attached to the property but can be removed by the tenant is known as Trade Fixtures. Trade fixtures are items that a tenant installs in a rented commercial space for business purposes, and they remain the personal property of the tenant. The key characteristic of trade fixtures is that they are typically installed to facilitate the business operations, making them crucial for the tenant's functions.

When the lease ends, tenants are generally allowed to remove their trade fixtures, provided they restore the property to its original condition, which shows the distinction between real property and personal property in commercial leases. This concept helps protect the tenant's investments in their business while also acknowledging the landlord's property rights.

The other concepts, while related to property and leases, do not specifically refer to this scenario. Chattel Real refers to a leasehold interest in real property but does not pertain specifically to items used in a business context. Leasehold Improvements are enhancements made to a rental property that typically become the landlord's property at the end of the lease. Office Equipment refers to items necessary for running an office but does not encompass the specific legal context of being attached to real property in the way that trade fixtures do.