Consumer Math Unit 3

When renting an apartment, you never need to pay first and last month's rent.

• true

• false

The amount of cleaning deposits may vary at different apartments

• true

• false

If the apartment is clean when you move out, the cleaning deposit will be returned.

• true

• false

All apartments have the utilities included in the rent.

• true

• false

When buying a home, insurance is not required of the buyer.

• true

• false

If you own a home, you do not have to pay for utilities

• true

• false

If there is a mortgage on a house, it means the house is not totally paid.

• true

• false

Banks are the only lenders for mortgages.

• true

• false

Homeowners are required to pay property taxes.

• true

• false

If you plan to build a house, you must first buy a lot

• true

• false