Housing

Renters insurance covers

• damage to structures

• electrical surges that damage computers

• your automobile

• all of the above

A contract that requires the lessee to stay for a fixed period of time is a

• rental agreement

• home purchase

• gentleman’s agreement

• lease

One place you cannot find cost of living statistics is a(n)

• atlas

• almanac

• Bureau of Labor Statistics

• Internet

You may be evicted for

• paying rent

• planting grass

• breaking a rental agreement

• getting a pet

A residence that has a bathroom and one large room is a(n)

• apartment

• condominium

• landominium

• studio apartment

The housing portion of your budget should be no more than ________ of your take-home pay.

• one-quarter

• one-third

• one-half

• two-thirds

A planned unit development is a(n)

• condominium

• apartment

• landominium

• cooperative

A home that is attached to adjacent houses but where the owner also owns the land on which the unit is built.

• condominium

• townhouse

• manufactured home

• housing cooperative

To furnish your home on a budget, you should check at a

• flea market

• yard sale

• estate sale

• all of the above

Housing costs consist of

• mortgage payment

• property taxes

• homeowners insurance

• all of the above