Name: Independent Living: Housing

Terms Renters Should Know

1. ______Cleaning deposit A. A list of furnishings and appliances in an apartment and 2. ______Eviction notice their condition when the tenant moves in. 3. ______Holding deposit B. Similar to a lease, except the time is indefinite, often on a 4. ______House rules month-to-month basis. Landlords may alter the rent, 5. ______Inventory agreement and tenants have freedom to move. 6. ______Last month’s rent C. A legal contract between the landlord and the renter that 7. ______Lease states the length of time the renter agrees to live in the unit, 8. ______Lessee the amount of rent, and other specific conditions such as 9. ______Lessor charges for overdue rent. D. Specific rules covering noise, 10. ______Security Deposit guests, pets or acceptable methods of hanging pictures. 11. ______Written rental E. A deposit the renter pays to cover the cost of cleaning the agreement apartment when he or she moves out. F. Cash paid to lessor to cover loss from nonpayment of rent or damages G. Final month’s rent that may be required along with the first month’s rent or other fees. H. An amount charged to hold an apartment a prospective tenant wants to rent until all fees required for moving in are paid. I. Also called the “landlord” J. Also called “renter” or “tenant” K. A legal notice from the landlord requiring the tenant to move out. Name: Independent Living: Housing

Terms Renters ShouldKnow

1. ______Cleaning deposit A. A list of furnishings and 2. ______Eviction notice appliances in an apartment and their condition when the 3. ______Holding deposit tenant moves in. B. Similar to a lease, except the 4. ______House rules time is indefinite, often on a month-to-month basis. 5. ______Inventory agreement Landlords may alter the rent, and tenants have freedom to 6. ______Last month’s rent move. C. A legal contract between the 7. ______Lease landlord and the renter that states the length of time the 8. ______Lessee renter agrees to live in the unit, the amount of rent, and other 9. ______Lessor specific conditions such as charges for overdue rent. 10. ______Security Deposit D. Specific rules covering noise, guests, pets or acceptable 11. ______Written rental methods of hanging pictures. E. A deposit the renter pays to agreement cover the cost of cleaning the apartment when he or she moves out. F. Cash paid to lessor to cover loss from nonpayment of rent or damages G. Final month’s rent that may be required along with the first month’s rent or other fees. H. An amount charged to hold an apartment a prospective tenant wants to rent until all fees required for moving in are paid. I. Also called the “landlord” J. Also called “renter” or “tenant” K. A legal notice from the landlord requiring the tenant to move out.