Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
PF 6.03
Test Description: 6.03 questions
Instructions: Answer all questions to get your test result.
1) Tara’s grandmother, who uses a walker, is moving into a smaller apartment to make home maintenance easier for her. Which housing want or need should she consider when selecting?
A
Space to entertain friends
B
Whether there are steps inside and outside
C
Freedom to decorate as she wishes
D
Cost of utilities
2) The Smiths have two small, school-age children and need room for them to play outside safely. Which type of housing would BEST match his housing wants and needs?
A
A condominium in a retirement development
B
A townhouse with two or three stories
C
A manufactured home on a large lot
D
An apartment in a large complex
3) The Bartons are a busy, dual-career family with three young children. They decided to rent a home for a two-year stay in a new town. Which advantage of renting is this?
A
No equity building up
B
Greater mobility
C
Fewer tax benefits
D
Less authority to make changes
4) The Nortons asked how many parking spaces they were allotted before they signed a lease to rent. Which thing to inspect in rental units is this?
A
Fewer tax benefits
B
Less authority to make changes
C
No equity building up
D
Greater mobility
5) Before signing, Lawrence read carefully when rent was due, the amount of penalty for late payment, and all of the conditions of renting the apartment. What type of document is it?
A
Lease waiver
B
Rental application
C
Lease agreement
D
Security deposit
6) The young couple enrolled their child in a quality day care, but their house payment is so high, they have only a little extra money to work with. Which disadvantage of buying is
A
Greater costs and financial responsibilities
B
Less mobility
C
Greater financial risk
D
Complications of joint buying
7) The Nasons met with the banker, home-owner, and realtor to pay all costs, sign documents, and obtain ownership. Which step in purchasing a home is this?
A
Reach an agreement
B
Find an appropriate home to meet your needs
C
Make an offer
D
Attend the closing
8) The Nelsons put $4,000 in a special bank account to be held in trust until time to pay taxes and insurance for their new home. Which cost of buying a home is this?
A
Escrow account
B
Down payment
C
Monthly loan payment
D
Closing costs
9) Cal Vance, who served twenty years of military duty, obtained a loan to buy a new home with no down payment required. Which type of mortgage or special loan is this?
A
Conventional fixed rate mortgage
B
Adjustable rate mortgage
C
VA loan
D
FHA loan
10) What is a manufactured "mobile" home?
A
A custom-built, development, modular, or kit house or townhouse
B
A single-wide or double-wide moveable home
C
A building that houses more than one family; each person owns walls and air space of the unit
D
To pay a security deposit and monthly payments to a landlord
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?