Unit 4 Vocab
Authored by Medlin Jason
Financial Education
10th Grade
Used 1+ times
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41 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term is used to describe the person who rents property to another under a lease?
Lessee
Lessor
Eviction
Security Deposit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the name of the document that outlines the terms under which a property is rented?
Rental Inventory Checklist
Eviction Notice
Lease
Security Deposit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is typically required by a landlord as a protection against potential damages to the property?
Lease
Rental Agreement
Rental Inventory Checklist
Security Deposit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is the person called that is taking possession of the property for rent?
Lessor
Eviction
Lessee
Rental Inventory Checklist
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the process called when a tenant is legally removed from a rental property?
Lease
Security Deposit
Rental Inventory Checklist
Eviction
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which document is used to record the condition of a rental property at the time of moving in?
Lease
Rental Agreement
Rental Inventory Checklist
Eviction Notice
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term is used to describe the owner's financial interest in a property?
Negotiation
Market value
Equity
Earnest money
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