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In Business / College | 2025-07-06

Which of the following is a typical cost associated with renting?
a. closing costs
b. down payment
c. property tax
d. security deposit

Asked by mkmhill1980

Answer (1)

The typical cost associated with renting is the security deposit, which is paid to cover potential damages or unpaid rent. Other options listed, like closing costs and down payments, are associated with purchasing real estate. Property taxes apply to property owners, not renters. ;

Answered by GinnyAnswer | 2025-07-06