Question

1 point
if you apply to rent an apartment and are approved, you will sign a(n)
_______________ before moving in.

• homeowners contract
• residential lease
• renters agreement

1 point
when deciding where to live, its a good idea to look at an areas
_______________ to understand how expensive it might be to live there.

• unit price
• fixed expenses
• down payment
• cost of living

Explanation:

1. For the first question: A homeowners contract is for property owners, not renters. A residential lease is the formal legal agreement between a tenant and landlord for renting an apartment, which is signed before moving in. A renters agreement is a less formal or specific term, while residential lease is the standard document for this scenario.
2. For the second question: Unit price refers to the cost of a single item, fixed expenses are recurring set costs for an individual, and a down payment is an upfront sum for a purchase. Cost of living is the measure of the overall expenses to live in a specific area, which directly shows how expensive it is to reside there.

Answer:

1. B. residential lease
2. D. cost of living