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Reading a Lease

Authored by Lucy Altis

Business, Life Skills

9th Grade - University

Used 24+ times

Reading a Lease
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8 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the amount a tenant pays to live at a rented residence?

payment

mortgage

security deposit

rent

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Who is the person renting the residence?

renter

landlord

tenant

property manager

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Who is the person renting a residence out to others?

landlord

property manager

renter

tenant

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What happens when the tenant does not follow the terms in the lease?

they get a warning

they get evicted

they are asked to resign the lease

they are forced to pay double the rent

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What type of insurance should be considered for purchase by tenants?

renters insurance

homeowners insurance

auto insurance

disability insurance

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What document is signed by both the landlord and tenant before a move-in day?

contract

payment schedule

eviction notice

lease

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What type of payment is usually required to be paid by the tenant before moving in and is equal to 1 months rent?

security deposit

first months rent

last months rent

down payment

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