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There has been a significant decrease in the number of single-parent households.
Security Deposit
The money given to the landlord from the tenant as protection in the event that the tenant causes damage to the rented property; refunded when the tenant moves out if there is no damage, and can range from 1 to 4 month’s rent.
Landlord
The owner of property (such as land, houses, or apartments) that is leased or rented to others.
Protection
Measures or strategies implemented to safeguard against financial loss, damage, or other adverse effects.
Front-end Ratio
A financial ratio that compares a person’s gross monthly income to his or her monthly housing costs.
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