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17 Cards in this Set
- Front
- Back
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Guardianship |
Legal responsibility of an adult for a child under 18. |
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Public Housing |
Affordable accommodation (houses and apartments) owned by the government and rented to people on low incomes. |
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Shelters |
Emergency accommodation run by community or church organisations
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Age Discrimination |
Illegal discrimination because of age. Can also refer to discrimination against young people because of their age. |
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Blacklist |
A list of tenants who are considered to be unsuitable renters because they have broken the conditions of previous tenancy agreements. This is usually due to not paying rent or by deliberately damaging rental accommodation. |
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Classifields |
Advertisements that appear in newspapers and are arranged in columns under headings. |
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Contract |
A written or verbal agreement between two parties, who may be either individuals or organisations. |
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Guarantor |
A person who promises to pay the money owing in a contract if the person who signed the contract does not pay what he or she owes. |
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Informal Networks |
Groups of people with similar needs or interests who can assist in each other. |
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Residential Tenancy Agreement |
A written agreement outlining the terms of the lease and the renter's (tenant's) responsibilities in relation to the rental property. It must be signed by the tenant and landlord when an apartment or house is rented; also known as a lease agreement. |
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A detailed plan of your finances, listing all income and expenditure. It is used to ensure you don't spend more than you earn. |
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Economise |
Cut back on spending to save money. |
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Fixed Expenses |
Expenses that cannot be changes, Eg. Rent. |
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Insurance |
An Insurance policy is a type of contract. In return for a regular payment, the insurance company guarantees that you will receive a payment in the event of some specified problem happening to you or your property. |
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Variable Expenses |
Expenses that can vary, Eg. Clothes |
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Hire Purchases |
If you have a job and an acceptable credit rating, you can enter into an agreement to pay off the cost of the item over a set period of time. |
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Bond |
Amount of money that you must pay when you move into a rental property to cover unpaid rent or any damage you may cause to the property. |
