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- 1. Multiple ChoiceWhich of the following is an advantage to renting a place to live?Limited expenses for maintainance.Limited expenses for utilitiesLimited options for size and locationLimited rights for redecorating
- 2. Multiple ChoiceWhen signing a lease, it is recommended that yougive it a quick review and sign before someone else gets the apartment you wantread carefully and sign only when you understand what everything meansread carefully and sign even though you are not sure what some of the terms meanread carefully and sign, even though you know that you will not agree to all of the terms stated
- 3. Multiple ChoiceA written contract specifying the legal responsibilities of both the tenant and landlorgleasepapersigning your life awayloose
- 4. Multiple ChoiceThe name for a renter is:landlordrenteetenantlease
- 5. Multiple Choice
What is the first thing that you must do when renting an apartment
Pay $25 for an application fee
Get a background check
Ask your parents if you can move
See how much you can pay for rent
- 6. Multiple ChoiceUpon getting the apartment you must pay the _____ month and _____ month rent.2nd and 4thfirst and last1st and 4thtwo and four
- 7. Multiple ChoiceWhy do they make you pay first and last month rent?Because they canSo if you move out early without them knowing they will not be in a holeSo they can hold it over your head, that they have your moneySo they can live for free.
- 8. Multiple Choice
What should you consider when finding an apartment?
How far is it from work
What is the crime rate
What are the neighbors like
All of the above
- 9. Multiple Choice
In order to rent a place, what may be requested by the landlord?
That you own a car
References and/or a credit check
Proof of vaccinations
All of the above
- 10. Multiple Choice
Means you are legally bound to follow it
Credit Check
Security Deposit
Obligation
- 11. Multiple ChoiceIn which of the following locations could you find an ad for an apartment?In the local newspaper.On the internetIn the phone bookAll of these
- 12. Multiple ChoiceA landlord can refuse to rent you an apartment if which of the following is true?You are married.You are of Irish descent.You own a cat and a dog.You are a Buddhist.
- 13. Multiple ChoiceWhat type of insurance should you get for your apartment?Renters InsuranceWhole Life InsuranceCar InsuranceTerm Life Insurance
- 14. Multiple Choice
Which of the following is a disadvantage to renting a place to live?
finding a roomate
finding a place that meets your needs
finding a lease you can understand
finding an apartment you can redocorate
- 15. Multiple Choice
Which of the following should you find out before agreeing to rent an apartment?
are pets allowed
late fees
when is rent due
all of the above
- 16. Multiple Choice
Tom's financial advisor believes he should spend no more than 25% of his grossly income for housing. He has determined that amount to be $1000/month. Based on this amount and his advisor's recommendation, what is Tom's monthly salary?
$3,000
$4,000
$5,000
$6,000
- 17. Multiple Choice
If a person makes about $3000/month, what is the most they should spend on rent?
$700
$900
$1000
$1200
- 18. Multiple Choice
What is a rental unit in which the basics: bed, dresser, sofa, chairs, lamps, dining table and chairs, and essential appliances, are provided.
House
Apartment
Furnished Rental
Trailer Home
- 19. Multiple Choice
You should not spend more than what percent of your income on housing expenses
12
50
30
20
- Answer choicesTagsAnswer choicesTags