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Buying vs Renting Part 2

Authored by Mr. BOLSTON

Business

11th Grade - University

Used 2+ times

Buying vs Renting Part 2
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19 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Condominium's typically have association fees in addition to the taxes and Insurance requirements.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Renting a house typically requires a deposit commitment equal to one or two months rent.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You can rent most apartments with no money down for deposit.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you have or desire to have children and pets you should more than likely

Rent

Buy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

New houses typically need several repairs before moving in

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The quality of the schools zoned to a neighborhood dramatically affect the property value.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your rental budget should be 38% of your gross monthly income

True

False

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