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Published byMarcus Shillito
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The ABCs of HOUSING VOCABULARY
Apartment Guide BOOKS TO LOOK IN FOR AN APARTMENT
APPRECIATE TO GO UP IN VALUE
BUY TO PURCHASE
CABLE READY WIRED FOR CABLE TV
CAREFULLY READ THE LEASE
CONDOMINIUM IT MAY LOOK LIKE AN APARTMENT, BUT YOU BUY IT
CREDIT CHECK A CHECK ON YOU TO SEE IF YOU PAY YOUR BILLS ON TIME
DUPLEX TWO APARTMENTS/CONDOS ATTACTED TO EACH OTHER
EFFICIENCY/STUDIO ONE ROOM APARTMENT
EVICT TO LEGALLY FORCE YOU TO LEAVE
FLOOR PLAN ARRANGEMENT OF ROOMS
HIGH RISE A BUILDING MANY STORIES TALL
INSPECT TO LOOK OVER VERY CAREFULLY BEFORE YOU RENT OR BUY
INTERNET YOU CAN USE THE COMPUTER TO FIND A HOUSE OR APARTMENT
LANDLORD OWNER OF THE BUILDING
LATE FEE CHARGED IF RENT IS LATE
LENGTH OF LEASE HOW LONG YOU CAN STAY IN THE APARTMENT
LEASE LEGALLY BINDING DOCUMENT FOR AN APARTMENT STATES RENT, LENGTH OF TIME & CONDITIONS
LOCATION LOCATION, LOCATION, LOCATION 3 MOST IMPORTANT RULES WHEN BUYING A HOUSE
MAINTENANCE UPKEEP ON PROPERTY CUTTING GRASS, SHOVELING SNOW
MANAGER TAKES CARE OF BUILDING
MORTGAGE A LARGE AMOUNT OF MONEY YOU BORROW TO BUY A HOUSE YOU REPAY IT EACH MONTH, OFTEN FOR 30 YEARS
PETS USUALLY NOT ALLOWED IN APARTMENTS
PREMISES LAND OR BUILDING
REAL ESTATE SECTION SECTION OF THE NEWSPAPER TO LOOK FOR APARTMENTS OR HOUSES
REMODEL CAN CHANGE THINGS IN A HOUSE TO SUIT YOURSELF
RENT MONEY YOU PAY TO LIVE SOMEWHERE
RENTERS INSURANCE INSURANCE FOR THINGS IN YOUR APARTMENT JEWELERY, COMPUTER…
SECURITY DEPOSIT MONEY HELD IN CASE YOU DAMAGE THE APARTMENT RETURNED IF NO DAMAGE
SUBLET TO RENT YOUR APARTMENT TO SOMEONE ELSE FOR THE REST OF YOUR LEASE USUALLY NOT ALLOWED
TOWNHOUSE APARTMENTS OR HOUSES CONNECTED TO EACH OTHER
UTILITIES WATER, GAS, ELECTRICITY USUALLY NOT INCLUDED IN RENT
WAIVER SIGN AWAY YOUR RIGHTS
Family Economics and Financial Education Take Charge of your Finances
Housing and Interior Design
Lease-a rental agreement Specifies the amount of rent to be paid and the length of time for which the dwelling may be rented. States the rights and duties.
Renting a Residence Section 6-5. Selecting a Rental Unit A person who rents is called a tenant. The person who rents the place to you is called a.
The Difference Between Renting and Owning a Home
Renting a Residence. Housing Alternatives You will soon have to make a choice about where to live. You may choose to get a job, live at home with your.
Renting vs. Buying Housing. Rental Terminology Landlord Owner of property –Expects rent to be paid on time and for tenant to keep the property in reasonable.
Renting vs. Owning The Difference Between Renting and Owning a Home.
Financial Literacy Skills Unit 5: Understanding Investing and Home Ownership.
Lesson 1: Renting a Home Consumer Math p
UNIT 7: CONSUMER SKILLS Section 4: Buying a House.
moving-in costs can include: ■ Rent for first month ■ Rent for last month ■ Security deposit ■ Utilities deposit ■ Telephone deposit.
Average American Family spends ¼ of income on home 60% of housing units are owned by the people living on them.
Financial & legal aspects of renting
RENTING CALM 20. What is rent? Rent: The payment a tenant makes to the landlord, usually each month, for the right to live in that apartment or house.
+ Terms Renters Should Know Independent Living. + Renting Renting an apartment is one of the major adult decisions you’ll make. Signing a rental agreement.
OBJECTIVE 2.02 ANALYZE FINANCIAL AND LEGAL ASPECTS OF RENTING.
© Family Economics & Financial Education – November 2005 – Housing Unit – Securing a Living Space Funded by a grant from Take Charge America, Inc. to the.
Renting a Place to Live Unit 6: Major Purchases. Three Times To Rent College Temporarily Living There ▫Military ▫Study Abroad Saving Up for a Down Payment.
What you need to know before you rent your first place!
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