2. Should I Rent or Lease?

What is a month-to-month rental agreement commonly called in California?
1. A fixed-term lease
2. A rental contract
3. A month-to-month rental agreement
4. A temporary housing permit
What is a major advantage of a month-to-month rental agreement?
1. The rent is always cheaper
2. The renter can leave by giving a one-month notice
3. The landlord cannot ask the renter to leave
4. No deposit is required
How long is a typical lease agreement usually signed for?
1. Six months
2. One month
3. Two years
4. One year
What happens if a renter terminates a lease early?
1. There are no consequences
2. The landlord must pay a penalty
3. There are consequences for both the renter and the landlord
4. The renter automatically gets their deposit back
According to the essay, how should a person decide between renting and leasing?
1. Always choose a lease because it is cheaper
2. Always choose month-to-month because it is more flexible
3. Base the decision on their own personal situation
4. Ask the landlord to choose for them