Option A is correct.
<u>All of the components except “whether the renter can have pets in the house” are commonly found in the rental housing agreement.</u>
Further Explanation:
The rental housing agreement contains detailed information about the terms and conditions of letting out the property.
Justification for the correct and incorrect answer:
A
Whether the renter can have pets in the house: This option is correct.
The rental agreement does not include any terms and condition as to whether the person who has rented the house can keep pets in the house.
B
How much the renter will pay: This option is incorrect.
The rental agreement contains details about the amount of rent the person has to pay every month, quarterly, or any annual amount. The rent is fixed between the parties mutually.
C
What type of renter’s insurance the renter must buy: This option is incorrect.
The rental agreement may also contain terms and condition about what kind of insurance a person is required to take in order to protect the property from any damage.
D
Which repair types the renter will be responsible for: This option is incorrect.
The agreement may also contain the details regarding the maintenance or repairs that are covered by the renter.
Learn more:
1. Learn more about owning a car
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2. Learn more about the car insurance
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3. Learn more about the purchase and lease of the car
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Answer details:
Grade: High School
Subject: Business Studies
Chapter: Rental Agreement
Keywords: The components are commonly found in rental housing agreements, whether the renter can have pets in the house, how much the renter will pay, what type of renter’s insurance the renter must buy, which repair types the renter will be responsible for.
