FIXTURES AND FITTINGS
tenant under the lease agreement may retain title to fixtures and
fittings installed by the tenant. Upon sale of the business such
items must be defined in the contract. Some tenant's fixtures because
of their specialist nature or high wear and tear, have little value
at the end of the lease term. The tenant should try to design and
price the fittings so that they are fully amortized during the term
of the lease.