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Housing

Total questions: 5

Worksheet time: 5mins

Name
Class
Date
1.
Lisa is a tenant. Who is the person that owns the property she is renting from?
a)
Property manager
b)
Tenant
c)
Landlord
d)
Gardener
2.
Maria signed a one-year contract to rent an apartment. What is this contract called?
a)
Deposit
b)
Lease
c)
Mortgage
d)
Utility
3.
Mark has a contract with a bank to purchase his home, which he pays back with interest over several years. What is this contract called?
a)
Lease
b)
Deposit
c)
Mortgage
d)
Utility
4.
James wants to buy a house and needs to make an initial payment before securing a loan for the rest of the amount. What is this initial payment called?
a)
Mortgage
b)
Lease
c)
Down payment
d)
Utility
5.

What's the word?


(n.) the actual price you pay when you buy something (like a home)

a)

asking price

b)

purchase price

c)

price range

d)

cost comparison