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WorksheetsHousing
Total questions: 19
Worksheet time: 10mins
A building divided into living spaces for two families.
fourplex
town house
duplex
loft
Which is a contract for RENTING a home?
mortgage
loan
lease
Single family houses that are side by side and share walls; also called row houses
apartments
manufactured
town homes
triplex
Owner of a rental property =
renter
landlord
resident
tenant
A 5-20% portion of the total purchase price of the home presented at the time of buying a house is called:
security deposit
closing cost fee
down payment
mortgage
Renters are responsible for all repairs and maintenance of the home they rent.
true
false
A building with many living units above, beside, and/or below each other.
town home
loft
single-family home
apartment
The first step in buying a home should be:
contacting a real estate agent
looking on Zillow
determining price range
making a counter offer
All rental properties allow pets.
true
false
Who is responsible for changing smoke detector batteries?
landlord
tenant
A person who rents a property is called:
landlord
tenant
A security deposit is a part of the contract when you:
RENT
BUY
People choose different types of housing at different stages or times in their life.
True
False
Which is a better housing option if you plan to move around commonly?
RENT
BUY
What is money upfront to purchase a home (usually 5-20% of the purchase price)?
security deposit
down payment
closing cost
pre-payment
Renters are all just throwing money away.
true
false
A licensed individual who works with a buyer and/or seller through the contractual agreements of purchase or sale of a home.
landlord
tenant
lawyer
real estate agent
Which of the following can only be a cost of housing when you OWN?
utilities
furnishings
inspections
insurance
A landlord can request bank statements or paystubs on a rental application.
true
false
