Leasing
The owner of a property, who is renting it out is called the...
Lessor
A receipt listing the goods shipped during a move is a...
Bill of Landing
An expert estimate of the quality and value of a property is an...
Appraisal
Your income before deductions is..
Gross Income
The debt-to-income ratio formula is...
(debt+housing costs/gross income) x 100
Lessee
An evaluation of the construction and present condition of a home is a...
Home Inspection
Legal document that shows the transfer of a tile from one person to another is a..
Deed
The price you pay for the use of someone else's money is...
Interest
The housing-to-income ratio formula is...
(Total housing costs/gross income) x 100
The legal document that spells out the conditions of a rental agreement is a..
Lease
A pledge of property that a borrower gives a lender as security for a loan to buy a property is a...
Mortgage
A deposit you pay to show you are serious about buying a home is...
Earnest Money
A persons past payment records, profile of outstanding debts and credit score is their...
Credit History
To estimate what you can afford when buying a house you should multiply your annual gross income by...
2.5
A payment that protects the owner against financial loss caused by the renter is a...
Security Deposit
A document that gives a detailed description of a property and its legal description also containing specific terms and conditions of a real estate sale is a..
Agreement of Sale
The 3 serious defects to look for before buying a home are...
Cracked Foundation, Rotting or Sagging and Insect Damage
A loan that doesn't start accruing interest until you graduate is...
Subsidized
The percentage guideline for debt-to-income ratio is...
36% or less
A notice that forces a renter to leave a property before the rental agreement expires is an...
Eviction
The payment of fees and charges for settling the legal and financial matters of a sale are...
Closing Costs
Making a series of payments during a given length of time is...
Installment Buying
A loan that accrues interest as soon as the money is disbursed is...
Unsubsidized
The percentage guideline for housing-to-income ratio is...
28% or less