Test your knowledge

Choose wisely. There is only one correct answer to each question.

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Review your answers below to learn more.
1.
Renters must pay property taxes.
Choose wisely. There is only one correct answer.
False. Renters do not pay property taxes; that is an advantage of renting. However, the rent price likely factors in ownership costs, such as property taxes.
2.
A tenant in an apartment unit can protect her valuable belongings by buying _______.
Choose wisely. There is only one correct answer.
Renters insurance. Renters insurance is a reasonably priced way to insure your belongings.
3.
Renters of apartments are liable for _______.
Choose wisely. There is only one correct answer.
None of the above. Renters do not pay any of these, though their landlords do pass some of the costs onto them through their rent.
4.
If you have bad credit and you want to rent an apartment, _______.
Choose wisely. There is only one correct answer.
You may be refused. Many landlords will turn down renters with bad credit even if the rest of their finances and rental history are good.
5.
A person whose job it is to help people find apartments to rent is called _______.
Choose wisely. There is only one correct answer.
A rental agent. Rental agents find apartments for people to rent.