Unit 4 Vocab

What term is used to describe the person who rents property to another under a lease?

What is the name of the document that outlines the terms under which a property is rented?

What is typically required by a landlord as a protection against potential damages to the property?

Who is the person called that is taking possession of the property for rent?

What is the process called when a tenant is legally removed from a rental property?

Which document is used to record the condition of a rental property at the time of moving in?

What term is used to describe the owner's financial interest in a property?

What is the term for the initial payment made to show that a buyer is serious about purchasing a property?

Which term refers to the price at which a property is offered for sale?

What is the name of the legal document that outlines the terms and conditions of a property sale?