Show:
Important Terms
Apartments
Insurance
Rent Practice
Random
100

A person who rents an apartment or home is called a __________________

Tenant

100
The smallest of apartments / everything but the bathroom is located within one room

Studio Apartment

100

This Insurance Company offers Home and Auto Insurance and is represented by a famous actor named Jake

State Farm

100

If Susan has a monthly rent of $500, how much is her security deposit?

$500

100
What are shared amenities? Also, give an example
Something that is shared between others in your apartment complex. Example: Laundry room
200

Any apartment or house that you choose needs to have a monthly rent or mortgage that fits within your ____________. 

Budget

200
A 3 level building that offers apartments to 3 separate families 

Tri-Plex

200

This auto insurance company has an employer named Flo who does commercials for them

Progressive

200
If Susan has a monthly rent payment of $500, how much will she have to pay IN TOTAL for her first month?

$1,000

200

Jeremiah was in a small accident and the cost to fix his car was $500.  If the insurance company paid $250 for the repairs, what was his deductible? 

$250
300

The person who rents the place to you and owns the property is called a ___________

Landlord

300

A two-floor apartment complex that offers space for 2 different families 

Duplex

300

This insurance company has the following quote: "________________ is on your side". 

Nationwide

300

If Sam has a monthly rent of $600, how much will his payment be for the 4th month?

$600

300

What is a Deductible? 

A Deductible is the amount you must pay before insurance starts to pay.

400

The name for the first month's payment that is equal to the cost of your first month of rent is _____________

Security Deposit

400
An apartment that has access from an elevator and has many floors 

High-Rise

400

The type of Insurance that only covers the OTHER person in the event of an accident. 

Liability Insurance

400

If Adam has a 1 year lease and is paying $500 a month, how much will he have to pay the landlord for the full year?

$6500
400

Why is it important to have Homeowners Insurance if you have a home?

Homeowners insurance is a legal contract between a homeowner (a person who owns the home) and insurance company that protects the homeowner, their home, and belongings if they are damaged or destroyed.

500

A legal agreement between a tenant and a landlord that is usually 12 months. 

Lease

500

An apartment that has its front stairs that lead directly to the outdoor sidewalk

Walk-up Apartment

500

True or False: If you have Comprehensive Insurance, you do not have Liability Insurance

False

500

If Mr. Davidson has a 1 year lease and is paying $700 a month, how much will he have to pay the landlord for the full year?

$9100

500

An apartment that once was a previous building such as a department store that still has its original concrete or brick walls visible is called a __________. 

Loft Apartment