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9 Cards in this Set
- Front
- Back
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LANDLORD |
a person who owns an apartment or house and rents it to others |
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rent |
the monthly fee paid to a landlord for a place to live |
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abbreviation |
a shortened form of a word |
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lease |
a legal contract between a renter and the landlord |
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security deposit |
the money a renter pays to the landlord before moving in;the money will be returned when the renter moves out if the place is clean and has not been damaged |
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down payment |
the money paid in advance as part of the purchase of a house |
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closing costs |
the fees that you pay when you take ownership of a house |
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real estate tax |
a local tax on property that is paid by the owner |
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homeowner's insurance |
insurance that will pay for damage or loss caused by fire,smoke,theft,or some types of weather |
