Exam (elaborations)
Foolproof Module 9 notes Questions and Answers Fully Solved
- Course
- Institution
Foolproof Module 9 notes
[Show more]
Seller
Follow
julianah420
Reviews received
Content preview
Foolproof Module 9 noteslandlord - answer the person who owns the property that you rent
renter/tenant - answer that’s you
deposit - answer money that you should (but may not) get back when you rent or lease
a place. for instance, a security deposit.
fee - answer money you pay for a professional service that you will never get back. for
instance, a fee for checking your credit.
"in default" - answer failure to pay back a loan (basically, you're in trouble)
eviction notice - answer Landlord must give tenant notice before an eviction is filed
(your landlord is trying to kick you out)
- answer Generally, when you are "renting" a place, you only live there month-to-
month.
You can move out by giving a months' notice, and the person renting you the place can
ask you to leave with a months' notice as well.
You're not tied down for a lengthy period of time when you rent, but landlords can raise
the rent pretty easily.
Generally, when you "lease" a place, you are signing an agreement to live there for a
longer period of time, many times for two or more years.
A lease means you "lock in" your monthly payment. Your payment normally can't be
raised until the lease expires.
A lease also means you can't move out early without paying big penalties.
- answer Getting a short-term rental makes more sense. You should rent it on a month-
to-month basis, even though it costs you more per month.
Why be stuck in a two-year lease without a job?
What if the job is 90 minutes away and you don't have a car to get you there?
It makes sense to get the job and then consider switching to a lease rather than a
month-to-month, right?
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller julianah420. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R180,23. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
82956 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now