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1. Hot Coffee has been leasing a store to sell their custom coffee mugs. They purchased and installed cabinets, shelves, and a counter to display
1. Hot Coffee has been leasing a store to sell their custom coffee mugs. They purchased and installed cabinets, shelves, and a counter to display and sell the mugs. Are these items considered personal property or fixtures? Will they belong to Hot Coffee or to the landlord when the lease expires?
2. If Hot Coffee and the landlord decided to each contribute 50% to the purchase of a new location for the Hot Coffee business, what are the options for the property to be titled for more than one owner? What are the consequences for each option?
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