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Worksheets

Independent Living

Total questions: 27

Worksheet time: 1hrs 12mins

Name
Class
Date
1.
What is a tenant?
a)
The person who lives in the rental property.
b)
The owner of the rental property.
2.

All are an example of an abbreviation of Bathroom EXCEPT:

a)
bthrm
b)
ba
c)
bth
d)

Toilet

3.
What is more common to find? Unfurnished or furnished apartment?
a)
Furnished
b)
Unfurnished
4.
Select what will NOT be on a lease.
a)
Color of walls
b)
Hair color
c)
Amount of rent
d)
Penalties
e)
Length of lease
5.
How do you calculate the square footage of a room?
a)
Area
b)
Volume
6.
What is the average percent of income spent on rent?
a)
10%
b)
20%
c)
25%
d)
30%
e)
32%
7.
What is a landlord?
a)
The person who lives in the rental property.
b)
The owner of the rental property.
8.

All are an example of an abbreviation of Washer and Dryer EXCEPT:

a)
w/d
b)
W/D
c)

WD

d)

Laundry room

9.
What is a floor plan?
a)
Area of a room
b)
Drawing of a room
c)
Floor grid
d)
How to paint a room
10.
What is the area formula?
a)
Length times width
b)
2 times length plus 2 times width
c)
Length squared times width squared
11.

How many inches are in a foot?

a)
12 in
b)

3 in

c)

24 in

d)

12

12.
How many feet are in a yard? (USE UNITS!!!!)
a)

3 ft

b)

3 inches

c)

3

d)

9 ft

13.

What is a Adjustable-Rate Mortgage?

a)

Your interest rate stays the same.

b)

Your interest rate may change.

14.

What is the perimeter of a room if the length is 15ft and the width is 12 ft. (USE UNITS!!!!)

(a)  

15.

What is the area of a room if the length is 15ft and the width is 12 ft. (USE UNITS!!!!)

(a)  

16.

List 2 things you can see from a floor plan:

4 lines
17.

Which of the following is NOT a type of house?

a)

Apartment

b)

Condo

c)

Rental

d)

Single family house

18.

Which are possible results of an eviction?

a)

Goes on rental history.

b)

Can make it difficult to rent or buy in the future.

c)

You could become homeless.

d)

Your dog was too loud.

e)

You didn't pay rent.

19.
How many square feet are in a square yard? (USE UNITS!!!!)
a)

9 sqft

b)

9 ft

c)

27 square feet

d)

27

20.

What is a security deposit?

a)

To process your application for a rental.

b)

To hold your spot for the rental.

c)

So the landlord has money in the case that the rental is damaged.

21.

What is a Fixed-Rate Mortgage?

a)

Your interest rate stays the same.

b)

Your interest rate may change.

22.

Match the first 5 steps to buying a house.

a)

Step 1

1.

Start your research

b)

Step 2

2.

Determine how much house you can afford

c)

Step 3

3.

Get prequalified or preapproved

d)

Step 4

4.

Find a real estate agent

e)

Step 5

5.

Shop for your home & make an offer

23.

Match the last 5 steps to buying a house.

a)

Step 6

1.

Get a home inspection

b)

Step 7

2.

Work with mortgage banker to select loan

c)

Step 8

3.

Have the home appraised

d)

Step 9

4.

Coordinate the paperwork

e)

Step 10

5.

Close the sale

24.

What is an application deposit?

a)

To process your application for a rental.

b)

To hold your spot for the rental.

c)

So the landlord has money in the case that the rental is damaged.

25.

Which of the following is not an obligation of a tenant?

a)

Comply with building rules

b)

Keep apart. unit clean

c)

Remove waste from individual apart. unit

d)

Check smoke detectors

26.

If you want to get your own house, what age do you have to be?

a)

18

b)

15

c)

21

d)

19

e)

16

27.

Jessica’s financial advisor believes that she should spend no more than 25% of her gross monthly income for housing. She makes $67k per year and 17% of her income is taken out for federal and income taxes per month. Determine how much Jessica can spend on housing per month.

4 lines