select the correct answer. which is true when you rent? a. you build equity in your house. b. you are…

select the correct answer. which is true when you rent? a. you build equity in your house. b. you are responsible for any repairs. c. you pay fewer up - front costs.

select the correct answer. which is true when you rent? a. you build equity in your house. b. you are responsible for any repairs. c. you pay fewer up - front costs.

Answer

Brief Explanations:

When renting, building equity (A) occurs with home - ownership, not renting. Usually, the landlord is responsible for major repairs (B), not the renter. Renting generally requires fewer up - front costs compared to buying a house, like no large down - payment.

Answer:

C. You pay fewer up−front costs.