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WorksheetsHousing
Total questions: 32
Worksheet time: 16mins
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
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
A person who rents a property is called:
landlord
tenant
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
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
What is this?
An apartment
A single family house
A townhouse
This homes are called
Single family houses
Duplexes
Townhouses
Some people make homes out of school buses.
True
False
What are these called?
Single family houses
Townhouses
Apartments
If you live in St. Paul, you live in ...
a rural area
a suburban area
an urban area
the countryside
What will you find in a half bath?
a toilet, a shower, and a sink
a sink and a toilet
a bathtub, a toilet, and a sink
a sink, a bathtub, and a shower
What are two examples of amenities?
electricity
a gas fireplace
a double garage
a roof
The money that I pay every month to the bank to buy my house is the
rent
mortgage
security deposit
savings
When I buy something like a car or house and pay an extra percent to use the bank's money, I have to pay __________
mortgage
rent
interest
security deposit
The area near a person's house is called the __________.
neighbor
school
downtown
neighborhood
Utilities include _______________.
heat and a/c
electricity
water
all of the responses
Pros of living in an apartment include...
affordability & efficiency
lack of privacy
full of amenities
more maintenance
Condominiums feature ___________ such as security, landscaping, pools, fitness rooms, etc.
AMENITIES
security deposit
credit check
taxes
Heat, electricity, gas, water, internet, cable are examples of...
amenities
duplexes
utilities
security deposits
Pros of a single family home are ...
more privacy
lack of storage
less outdoor space
increased responsibility
A report used to see if a person is in good financial standing. A good score above 700.
credit check
credit score
annual payment rate
insurance
It is recommended to spend about ____ of your annual gross income on rent.
15%
20%
30%
40%
When considering a neighborhood to reside in, which of the following is NOT a factor to consider?
commute
safety
school district
size of the closets
The Fair Housing Act of 1968 was created by (a) in 1968.
True or False: The Fair housing act made it illegal for a person to discriminate against another person when renting, selling, or buying a home.
True
False
