Does renting or buying have less responsibility for maintenance and upkeep?
Apartments, Houses, or Condominiums?Owned by individuals and common parts of the property, such as the grounds and building structure, are owned jointly by the unit owners?
True or FalseWhen making decisions about a place to live, you should determine how much you can spend and stay within your budget.
What is the part of the purchase price paid in cash up front referred to as?
Where should the rights and responsibilities of the tenant and landlord be spelled out?
What is known as the money paid to provide some protection for the landlord for damage you made to the apartment, cleanings fees, or other costs?
True/FalseRenting an apartment offers a tax advantage over homeownership.
True/FalseBuying a house offers a tax advantage over renting because homeowners can deduct the interest they pay on a mortgage from their personal income taxes.
True/FalseIf you are unsure of your plans after college, you should buy a house.
True/FalseIf you are unsure of your plans after college, you should rent an apartment, either on a month-to-month lease or with a lease that she can cancel if relocating.
True/FalseRenting an apartment is a greater financial commitment than owning a house.
True/FalseOwning a house is a greater financial commitment than renting an apartment.
Complete the form, make a note of needed repairs, sign the form, make a copy for yourself, and return it to the landlord
What is known as the deposit you pay when making an offer to show you are serious about buying the house?
True/FalseWhen negotiating an offer on a house, your top priority is making an offer that you know the seller will accept without further negotiations.
True/FalseWhen negotiating an offer on a house, your top priority is making an offer that includes the contingencies and details you want considered.