Thursday, April 10, 2008

section 7.2 Assesment!

1. Three main advantages of renting a residence are mobility or how close you are to work or schools for your family, there is low initial costs to renting wherease you pay thousands of dollars for down payments on a house you are going to buy.

2. Disadvantages to renting are that you have restrictions on your lifestyle like renting may be more expensive then renting at times you have to go by the rules of the tenants, there can be legal issues like having to sign a lease and there is not as much stability to renting.
3. the costs of renting a residence is determined by the location of the renting the living space the utilities what the security deposit is and the insurance.

4. the best Apartments for two freinds to share would be apartments with 1 or more bedrooms so that you can split the cost of rent.
5. the rent would be cheaper he would pay 600 dollars instead of 675 a month by splitting the costs of utilities he would spend 7200 a year for his total share of the rent and utilities.

6. She could not take the cat and stay at her apartment with her rent She could keep the cat with her parents until she found an apartment that allowed pets but probably has a higher rent. She could talk to her landlord and work something out.

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