Fall - 7 - OR - Unit 10 Ch. 38-40

Front

If you see housing primarily as shelter, a safe place for possessions, and a space for personal activities, you are focusing on your _____ needs.

Back

physical

Front

If you plan to rent an apartment, which of the following costs will you not have to worry about?
phone and cable bill

Back

closing costs

Front

You have just bought a new home in an exclusive gated community. Which of the following is a cost that you may have to pay that many other homeowners in other places do not have to pay? homeowners' association fees, homeowner's insurance

Back

homeowners' association fees

Front

What is the most important topic to discuss with a potential roommate when sharing expenses? Options: politics, animals, finances

Back

finances

Front

Which type of location is suitable for a person who dislikes crows, wants a spacious lawn and garden, likes fishing and fresh air, and prefers not to have close neighbors? Options: urban, suburban, rural

Back

rural

Front

These type of homes are single family homes often with separate basements, small yards, and patios that are side-by-side and share walls.

Back

town houses

Front

Rent is a ______ expense because the tenant knows what he or she will pay each month.

Back

fixed

Front

Owning a house can be a significant tax advantage because homeowners can deduct both their ___ and the interest on their mortgage from their federal income taxes.

Back

property taxes

Front

One of the disadvantages of home ownership is that homeowners have reduced ____ and generally cannot move as quickly or easily as a renter.

Back

mobility

Front

When you sign a ____ to an apartment, you are acknowledging the rights and responsibilities you have as a tenant.

Back

lease