Ownership of Personal Property: Removal and Abandonment on Lease Termination
Probate and Property, September/October 1999, Volume 13, Number 5
By Robert J. Krapf
Robert J. Krapf is a director and officer of Richards, Layton & Finger, P.A. in Wilmington, Delaware.
Any discussion of the relative rights of landlords and tenants at lease termination in improvements, trade fixtures, equipment and other personal property inevitably begins with an analysis of the law of fixtures. This analysis is necessary because the law treats improvements and fixtures differently from trade fixtures and a tenant's remaining personal property.