Select all the correct answers.

Which of the following expenses must be paid for by the individual that owns a home?

monthly rent
security deposit
property taxes
homeowner's insurance
renter's insurance

1 answer

The expenses that must be paid for by the individual that owns a home are:

  • property taxes
  • homeowner's insurance

Monthly rent and security deposit are typically associated with renting a property, while renter's insurance is specifically for tenants.