Question

distinguishing between features of renting and buying
drag each description into the \homeowner\ category or the
enter\ category
is responsible for paying property taxes has an easier time moving
is not responsible for routine maintenance may not need to pay all utilities directly
may need mortgage insurance is free to make changes to the property
homeowner renter

Explanation:

To solve this, we analyze the responsibilities and rights of homeowners and renters:

Homeowner:

• Is responsible for paying property taxes: Homeowners own the property, so they pay property taxes.
• May need mortgage insurance: If they have a mortgage (especially with less than 20% down), they need mortgage insurance.
• Is free to make changes to the property: Homeowners can modify their property as they wish (within legal bounds).

Renter:

• Has an easier time moving: Renters can move when their lease ends without selling a property.
• Is not responsible for routine maintenance: Landlords typically handle routine maintenance for renters.
• May not need to pay all utilities directly: Sometimes landlords include utilities in rent, so renters don't pay all directly.

Answer:

Homeowner:

• is responsible for paying property taxes
• may need mortgage insurance
• is free to make changes to the property

Renter:

• has an easier time moving
• is not responsible for routine maintenance
• may not need to pay all utilities directly