3
QuizMultiple Choice

Buying vs. Renting a Home

Question 3 • ****Spring 2026 Financial Math - MA2007 MQS21QXV

Which of the following is not a typical cost associated with renting?

Answer
A
last month's rent
B
pet deposit
C
property tax
D
security deposit

Explanation

Renters commonly pay upfront costs such as last month’s rent, a pet deposit, or a security deposit. Property tax is typically paid by the property owner, not directly by the renter, so it is not a typical renting cost.

AI-written and checked against the verified answer.

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