Final answer:
Trade fixtures are items that a tenant uses in their business that will be removed at the end of the lease.
Step-by-step explanation:
The correct statement regarding trade fixtures is option C: Trade fixtures are items that a tenant uses in their business that will be removed at the end of the lease.
Trade fixtures are items that a tenant installs or attaches to a property to facilitate their business operations. They are considered personal property, which means that they are not permanently affixed to the property and can be removed by the tenant at the end of the lease.
For example, if a restaurant tenant installs commercial kitchen equipment in a leased space, such as ovens, refrigerators, and fryers, those would be considered trade fixtures and can be removed by the tenant when they vacate the premises.