Question
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
Hot Coffeehas 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.What is the test used to determine if something is a fixture?Are these items considered personal property or fixtures?Will they belong toHot Coffeeor to the landlord when the lease expires? IfHot Coffeeand the landlord decided to each contribute 50% to the purchase of a new location for theHot Coffeebusiness, what are two of the options they could use to buy the property together?What are the consequences for each option?
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