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Yvette operates a fitness centre from leased premises owned by Big Property Management Inc. (BPM). When Yvette leased the premises, the premises were unfinished, and
Yvette operates a fitness centre from leased premises owned by Big Property Management Inc. (BPM). When Yvette leased the premises, the premises were unfinished, and Yvette was required to install all flooring, lights, and other improvements. Yvette's lease with BPM does not indicate which assets and improvements made to the premises by Yvette can be removed by Yvette when her lease ends. Which of the following assets/improvements can Yvette remove at the expiry of her lease? Explain your answers. a. Desks, furniture, and computer equipment b. Stationary cycling equipment bolted to the floor c. Light fixtures d. Shelving units fastened to the walls by bolts and screws e. Built-in air conditioning system including ductwork
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