Rental Criteria

APPLICATION
  • The rental application and application fee are required for each prospective resident that is 18 years of age or older.
  • The combined gross monthly income of all applicants must total at least 2.3 times the monthly rent.
  • A valid form of legal identification is required at the time of application and move-in.
  • Rental, income and credit histories will be considered jointly.

 

CREDIT AND CRIMINAL HISTORIES*

Credit history will be verified through a third party verification service. The applicant will receive a score based on statistical data such as payment history, number and type of accounts, outstanding debt and age of accounts. Based on the scoring model, the application will be accepted, denied, or accepted with conditions.

  • Accepted - the applicant will be accepted with the standard required deposits and fees
  • Denied - the applicant will not be accepted. The applicant will be provided with contact information for the consumer reporting agencies.
  • Accepted with conditions - the applicant will be accepted with an additional deposit or co-signer requirements
VERIFICATIONS/ADDITIONAL REQUIREMENTS

Depending on the results of the credit report, applicants may be required to provide proof of one or more of the following:
     Verification of Income:

  • If currently employed:  copies of the 3 most current paycheck stubs and/or complete bank statements
  • If self-employed:  copy of the previous year's tax return and 3 most current personal bank statements
  • If employment is pending:  copy of the offer letter on company letterhead indicating start date and salary and 3 most current paystubs from the last employer
  • If unemployed, retired or a student:
    • A social security benefit letter - SSA-1099: social security benefit statement of SSA notice of change in payment. Benefits must be dated no more than 14 months from the date of the application or must be reflected on a bank statement
    • Statement from the financial aid office of a college or university that shows loans or grants awarded for living expenses beyond tuition and other school expenses
    • An order of alimony or child support - must be reflected on bank statements
    • The last 6 personal bank statements, from a US bank, showing an average deposit of 2.3 times the monthly rent
    • Statements from investment accounts, from a US financial institution, showing 12 months of income, 401K and IRA cannot be accepted

Please Note:  Irregular income that does not appear on a paystub such as gratuities, royalties, disability or award letters, etc...may only be accounted with verifiable documentation.

Good Rental or Mortgage Payment History:  can be obtained from a landlord, apartment community or mortgage company

 
    Guarantor:
  • Must satisfy the income and credit history requirements. Income must be greater than five (5) times the monthly rental rate
  • Will be responsible for the obligation of all Residents on the initial lease as well as all subsequent leases, including modifications, extensions, and renewals
  • Applications approved with an out-of-state guarantor will be accepted with a security deposit equal to two (2) month's rent
 
RENTERS INSURANCE
Renters Insurance is REQUIRED.  
 
AUTOMATIC DENIAL
  • Falsification of any information on the rental application
  • Criminal history that include felony or misdemeanor convictions or pending charges for crimes that represent threats to persons or property
  • Failure to satisfy the income requirement
  • Failure to satisfy the minimum score based on the model
  • Bankruptcy in process
  • Eviction by a previous landlord for cause
  • Previous property management balance owed/collections

Claims of Copyright Infringement & Related Issues (17 USC and 512 et seq.)

We respect the intellectual property rights of others. Anyone who believes their work has been reproduced in a way that constitutes copyright infringement may notify our agent by providing the following information:

         a. Identification of the copyrighted work that you claim has been infringed, or, if multiple copyrighted works at a single online site are covered by a single notification, a representative list of such works at the site;
         b. Identification of the material that you claim is infringing and needs to be removed, including a description of where it is located so that the copyright agent can locate it;
         c. Your address, telephone number, and, if available, e-mail address, so that the copyright agent may contact you about your complaint; and
         d. A signed statement that the above information is accurate; that you have a good faith belief that the identified use of the material is not authorized by the copyright owner, its agent, or the law; and, under penalty of perjury, that you are the copyright owner or are authorized to act on the copyright owner's behalf in this situation.
        
         Upon obtaining such knowledge we will act expeditiously to remove, or disable access to, the material. Please be aware that there are substantial penalties for false claims.

If a notice of copyright infringement has been wrongly filed against you, you may submit a counter notification to our agent. A valid counter notification is a written communication that incorporates the following elements:

         a. A physical or electronic signature of the poster;
         b. Identification of the material that has been removed or to which access has been disabled and the location at which the material appeared before it was removed or access to it was disabled;
         c. A statement under penalty of perjury that you have a good faith belief that the material was removed or disabled as a result of mistake or misidentification;
         d. Your name, address, and telephone number; a statement that you consent to the jurisdiction of federal district court for the judicial district in which your address is located, or if your address is outside of the U.S., for any judicial district in which the service provider may be found; and that you will accept service of process from the complainant.
 
Notices of the foregoing copyright issues should be sent as follows:

By mail:

                           Northwest Multiple Listing Service
                           11430 NE 120th Street
                           Kirkland, WA 98034
                           United States
                           Attention: DMCA Designated Agent


By e-mail:

copyright@nwmls.com
If you give notice of copyright infringement by e-mail, an agent may begin investigating the alleged copyright infringement; however, we must receive your signed statement by mail or as an attachment to your e-mail before we are required to take any action.

This information should not be construed as legal advice. We recommend you seek independent legal counsel before filing a notification or counter-notification. For further information about the DMCA, please visit the website of the United States Copyright Office at: http://www.copyright.gov/onlinesp.

*The information contained herein, while collected from sources deemed reliable, is neither guaranteed nor warranted by the Seller, the agent Jaime Hernandez, nor Seattle Consultant LLC. Figures are taken directly from the King County’s assessor Records (K.C.A.R.). It is incumbent upon the prospective buyer to seek independent verification of all facts relative to lot sizes, interior square footage, zoning, and other issues material to their purchase or rent. Claims of Copyright Infringement & Related Issues (17 USC § 512 et seq.)