The ABC’s of HOUSINGVOCABULARY

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

RENTER’S 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

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