Test your knowledge

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1.
When looking for an apartment to rent, what is the most important thing to consider?
Choose wisely. There is only one correct answer.
None of the above. No one factor is the best; consider all of them together.
2.
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.
3.
It is possible to negotiate the rent on an apartment.
Choose wisely. There is only one correct answer.
True. Though not all landlords do, some are open to negotiating if it will help them rent a unit.
4.
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.
5.
Renters must pay condominium fees.
Choose wisely. There is only one correct answer.
False. Owners of condominium units must pay those fees, though they may factor them into any rent they charge to renters.