EPF - Chapter 5 - Money Management

apartment

• a set of rooms for someone to live in on one level of a building or house

• a building that is lived in by a family or small group of people

• A fee charged for the use of property or land

house

• a set of rooms for someone to live in on one level of a building or house

• a building that is lived in by a family or small group of people

• A fee charged for the use of property or land

rent

• a set of rooms for someone to live in on one level of a building or house

• a building that is lived in by a family or small group of people

• A fee charged for the use of property or land

landlord

• the person who owns the property that you rent

• A person who pays for the right to live in a residence owned by someone else

• A sum of money usually equal to one month's rent, held by the landlord to cover any damage to the apartment caused by a tenant.

tenant

• the person who owns the property that you rent

• A person who pays for the right to live in a residence owned by someone else

• A sum of money usually equal to one month's rent, held by the landlord to cover any damage to the apartment caused by a tenant.

security deposit

• the person who owns the property that you rent

• A person who pays for the right to live in a residence owned by someone else

• A sum of money usually equal to one month's rent, held by the landlord to cover any damage to the apartment caused by a tenant.

lease

• a legal document that defines the conditions of the rental agreement between the tenant and the landlord

• a decision reached by two or more people or groups

• An agreement between two or more parties that is enforceable in court

agreement

• a legal document that defines the conditions of the rental agreement between the tenant and the landlord

• a decision reached by two or more people or groups

• An agreement between two or more parties that is enforceable in court

contract

• a legal document that defines the conditions of the rental agreement between the tenant and the landlord

• a decision reached by two or more people or groups

• An agreement between two or more parties that is enforceable in court

background check

• the process of verifying certain information provided by a tenant

• investigation of a person's income, current debts, personal life, and past history of borrowing and repaying debts

• services needed by the public, such as water, gas, and electricity