Housing Test Review Flashcard

Housing Test Review Flashcard

Assessment

Flashcard

Business

12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

What is the recommended minimum down payment a person should make when purchasing a car or home? Options: 10%, 20%, 25%

Back

20%

2.

FLASHCARD QUESTION

Front

Rent is defined as:

Back

the cost of using someone else’s property

3.

FLASHCARD QUESTION

Front

A rental agreement is often referred to as:

Back

a lease

4.

FLASHCARD QUESTION

Front

Which of the following would NOT be found in a typical lease?
The beginning and ending dates of the rental agreement
The address of the unit being rented
The name of the previous tenant

Back

The name of the previous tenant

5.

FLASHCARD QUESTION

Front

Your landlord has the right to:

Back

Charge you the late fee stated in your lease if your rent payment is late.

6.

FLASHCARD QUESTION

Front

Which of the following are considerations in choosing an apartment? Cost, Proximity to work, Availability of mass transit

Back

All of the above

7.

FLASHCARD QUESTION

Front

The location of a home is important because:

Back

A good location will make a home easier to sell later, Homes in good locations will usually appreciate in value, Not all locations have good school systems or the same amenities.

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