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Chapter 7 Study Guide

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					Chapter 7 Study Guide
True/False
What are the benefits of renting? Owning a house?
What is the definition of a lease?
What is a security deposit when leasing an apartment?
How is equity figured?
Who pays for the commission to a real estate agent?

Multiple Choice
When is renting a wise choice for a person?
What is the largest monthly expense when renting an apartment?
What is the listing price?
In order to pay property taxes, what might a lender as the buyer to do?

Matching
Lifestyle
Sublet
Renter’s insurance
Home equity loan
Mortgage

				
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