The ABCs of HOUSING VOCABULARY

Apartment Guide BOOKS TO LOOK IN FOR AN APARTMENT

APPRECIATE TO GO UP IN VALUE

BUY TO PURCHASE

CABLE READY WIRED FOR CABLE TV

CAREFULLY READ THE LEASE

CONDOMINIUM IT MAY LOOK LIKE AN APARTMENT, BUT YOU BUY IT

CREDIT CHECK A CHECK ON YOU TO SEE IF YOU PAY YOUR BILLS ON TIME

DUPLEX TWO APARTMENTS/CONDOS ATTACTED TO EACH OTHER

EFFICIENCY/STUDIO ONE ROOM APARTMENT

EVICT TO LEGALLY FORCE YOU TO LEAVE

FLOOR PLAN ARRANGEMENT OF ROOMS

HIGH RISE A BUILDING MANY STORIES TALL

INSPECT TO LOOK OVER VERY CAREFULLY BEFORE YOU RENT OR BUY

INTERNET YOU CAN USE THE COMPUTER TO FIND A HOUSE OR APARTMENT

LANDLORD OWNER OF THE BUILDING

LATE FEE CHARGED IF RENT IS LATE

LENGTH OF LEASE HOW LONG YOU CAN STAY IN THE APARTMENT

LEASE LEGALLY BINDING DOCUMENT FOR AN APARTMENT STATES RENT, LENGTH OF TIME & CONDITIONS

LOCATION LOCATION, LOCATION, LOCATION 3 MOST IMPORTANT RULES WHEN BUYING A HOUSE

MAINTENANCE UPKEEP ON PROPERTY CUTTING GRASS, SHOVELING SNOW

MANAGER TAKES CARE OF BUILDING

MORTGAGE A LARGE AMOUNT OF MONEY YOU BORROW TO BUY A HOUSE YOU REPAY IT EACH MONTH, OFTEN FOR 30 YEARS

PETS USUALLY NOT ALLOWED IN APARTMENTS

PREMISES LAND OR BUILDING

REAL ESTATE SECTION SECTION OF THE NEWSPAPER TO LOOK FOR APARTMENTS OR HOUSES

REMODEL CAN CHANGE THINGS IN A HOUSE TO SUIT YOURSELF

RENT MONEY YOU PAY TO LIVE SOMEWHERE

RENTERS INSURANCE INSURANCE FOR THINGS IN YOUR APARTMENT JEWELERY, COMPUTER…

SECURITY DEPOSIT MONEY HELD IN CASE YOU DAMAGE THE APARTMENT RETURNED IF NO DAMAGE

SUBLET TO RENT YOUR APARTMENT TO SOMEONE ELSE FOR THE REST OF YOUR LEASE USUALLY NOT ALLOWED

TENANT RENTER

TOWNHOUSE APARTMENTS OR HOUSES CONNECTED TO EACH OTHER

UTILITIES WATER, GAS, ELECTRICITY USUALLY NOT INCLUDED IN RENT

WAIVER SIGN AWAY YOUR RIGHTS