Living On Your Own

The agreement between a tenant and a landlord is: 

• a security deposit 
• a rental unit
  
• a  lease
  
• a deed 

The agreement between a tenant and a landlord is: 

• a security deposit 
• a rental unit
  
• a  lease
  
• a deed 

The agreement between a tenant and a landlord is: 

• a security deposit 
• a rental unit
  
• a  lease
  
• a deed 

A lease is designed to protect the rights of both the landlord and: 

• the lessor
  
• the tenant
  
• a roommate 
• the property manager

The length of time that a lease is in effect is the: 

• term
  
• rent
  
• default 
• premises 

Your landlord shovels the snow and ice off the steps to your apartment every morning in the winter and whenever necessary.  He is showing: 

• he loves to shovel snow
  
• negligent conduct
  
• that he expects you to shovel
  
• he takes his responsibilities seriously by taking good care of the premises 

You are renting an apartment. The faucet in your shower leaks. Who is responsible for fixing it? 

• you are responsible because you signed a lease 
• your roommate is responsible
  
• your landlord is responsible
  
• both you and your landlord are responsible

Rent payment is commonly considered: 

• a moving-in cost
  
• a cost that doesn’t need to be budgeted for 
• a variable living expense
  
• a fixed living expense 

When you rent an apartment, a common flexible expense is: 

• a security deposit
  
• apartment insurance 
• electricity
  
• rent 

An example of a moving-in cost is: 

• a security deposit
  
• the cost of furnishings 
• an electric bill
  
• car insurance