Renting 101

Renting 101

Assessment

Flashcard

Life Skills

11th 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 a security deposit?

Back

A refundable deposit held by the landlord to cover damages or unpaid rent.

2.

FLASHCARD QUESTION

Front

What is a lease?

Back

A document outlining the terms of a rental agreement

3.

FLASHCARD QUESTION

Front

What is the difference between a fixed-term lease and a month-to-month lease?

Back

A fixed-term lease is for a specific period of time, while a month-to-month lease can.

4.

FLASHCARD QUESTION

Front

What is a sublease?

Back

When a tenant rents out their entire rented space to someone else.

5.

FLASHCARD QUESTION

Front

What is the difference between a landlord and a property manager?

Back

A landlord is the owner of the rental property, while a property manager is hired by the landlord to manage the property.

6.

FLASHCARD QUESTION

Front

What is an eviction?

Back

When a tenant is forced to move out of a rental property by law enforcement.

7.

FLASHCARD QUESTION

Front

Can a landlord raise the rent during the term of a lease?

Back

Only if the lease agreement allows for it.

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