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Planning Beginner: Renting an Apartment

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1.
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.
2.
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.
3.
If you have a bad credit record and a prospective landlord wants to triple the size of your security deposit, what might be the reason for that?
Choose wisely. There is only one correct answer.
To cover the risk of you defaulting on your rent. This is legal to an extent, and it can help you get an apartment if your credit is bad.
4.
Which of these two is more likely to have predictable housing expenses?
Choose wisely. There is only one correct answer.
A renter. Renters do not get hit with unexpected expenses, as owners sometimes do.
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.