On Your Own--Chapter 7

Another name for campus housing is what?

Which of the following is not an initial expense when renting an apartment?

Expenses that are split by residents sharing an apartment are called ___.

Most home loans require 10-30% of the total cost as a what?

True or False? The lessor can raise the rent during the designated term of the lease.

What is the legal process of removing a tenant from rental property?

A mortgage on which the interest rate does not change during the term of the loan = what?

The money including time & $ spent in packing, storing, transporting, loading, and unpacking

Mortgage lenders often add a finance charge in the form of what? (Each 1 = 1% of loan)

Another name for a home loan is what?

Houses tend to _______, or increase in value over time.

According to your text, which of the following is considered an advantage of renting?

A legal document that shows that you own your home or vehicle is called a what?

People renting an apartment are called what?

Money you would offer to indicate that you are serious about buying a house is called what?

Houses tend to _______, or increase in value over time.

True or False? All apartments are mandated to allow pets.

If a seller wants to change any part of an offer on a house, he/she makes a what?

The difference between the value of your home and the amount you owe is what?

According to text, which should be not be discussed as part of living arrangements?

What is the name of the neutral third party who arranges the closing on a house?

Which one of the following is NOT an example of a closing cost?

True or False? The earnest money is deducted from the selling price at the closing.

True or False? If there is no lease, the landlord can raise the rent at any time.

Which of the following is not an initial expense when renting an apartment?

A written contract allowing the use of the owner's property for a certain period of time is a ?

Which of the following is another name for person who is providing an apartment for rent?

Another name for the owner of a rental property is what?

True or False? A home owner must have insurance covering the structure and contents of home.