RENTAL CRITERIA · APPLICATION DISCLOSURE · APPLICATION & HOLDING FEE AGREEMENT

APPLICATION FORM

• An online application will be made available to each occupant 18 years or older. (Includes non-occupant financial guarantors.)
• Areas left blank can affect your chronological place in line. The Chesapeake complies with SMC 14.08, Open Housing Ordinance, First in Time.
• Government issued photo identification required.
• Applicant must be truthful on all forms.
• Applicant must provide the social security number for any persons residing in the unit except young children, under 12.
• Must pay current application screening fee ($41 per application) at time of submitting application for chronological placement. You will need to use a credit card for our on-line application process. The fee(s) are charged by the tenant screening company and are subject to change without our published notice. As required by SMC You will receive a receipt for your application fee by email from the tenant screening company. Tenant Screening Fees are non-refundable. Fees are not charged until landlord requests the screening report to be processed, based on applicant meeting qualifying criteria and confirmation that they are continuing with the rental process. Your agreement to pay this non-refundable fee is made part of the on-line application and requires acknowledgment. (See Application & Holding Fee Agreement.)
• We do not accept "portable" screening reports.
• Applications are not deemed "complete" until all verifications/documentations, fees, and screening are done.
• Landlord will screen applications meeting all criteria in chronological order, with each application date/time noted.
• Applicant will be given 72 hours to provide additional documentation, not herein specified, required for landlord to make an approval determination.
• Reasonable accommodations for additional time to complete an application, including requests for meaningful access for non-English speaking applicants, will be provided as required for applicants that would otherwise seem to meet our rental criteria. Requests may be made in person or by email by applicants or a third party that is speaking for the potential applicant that is on-site viewing the rental unit that is coming available. That request will not change that applicant's chronological order in line. The manager will email the applicant (or third party, if applicable) the accommodation that will be given. Pursuant to SMC 14.08.050, 3: B & C
• All applicants are required to see the actual rental unit, building, grounds, and parking space assigned to the unit.

INCOME & EMPLOYMENT

• Total income must be 3 times the amount of rent (or total monthly obligation when making move-in fees payment) for each financially responsible applicant's share. Source of income must be stable. All forms of verifiable income are allowed. (Examples: Employer verified income, credit report verification, paycheck stubs, tax return copies, deposit slips, investment earnings documents or Social Security earnings for retired applicants, rent vouchers, child/spousal support, trust fund, tax returns for the self-employed, etc.)
• Employment must be verifiable when it is considered a source of income.
• No excessive debt which may impact applicant(s) ability to pay rent.

RENTAL HISTORY

• Must have good references from previous landlords with stable rental history for past 5 years.
• Must have given proper notice to previous landlords.
• No prior evictions on applicant's record.

CREDIT AND COURT RECORDS

• Good credit history free of negative credit issues which may indicate an applicant is high-risk and/or indicates a pattern of payment delinquency.
• No bankruptcy within last 5 years. Not involved with pending bankruptcy.
• All tenant records may be considered on a case-by-case basis, their entirety.

CRIMINAL BACKGROUND AND SEX OFFENDER REGISTRY

In compliance with SMC 14.09, landlords in the City of Seattle are prohibited from requiring disclosure, asking about, rejecting an applicant, or taking an adverse action based on any arrest record, conviction record, criminal history, EXCEPT FOR SEX REGISTRY INFORMATION as described in subsection 14.09.025.A.3, A.4, & A.5, and subject to the exclusions and legal requirements in the section 14.09.115. WE DO SCREEN FOR REGISTRY INFORMATION. Applicants may provide supplemental information related to their rehabilitation, good conduct, and facts or explanations regarding their registry information. The landlords right to deny tenancy based on legitimate business reasons is limited to those convictions included in registry information. Landlord may use such facts as nature of offense, severity, when the offense occurred, how old was the offender at the time of offense and rehabilitation since the offense in making these decisions.

HOLDING FEE

• Must pay current holding fee (per unit) within 24 hours of being accepted to maintain chronological placement of applicants.
• This fee "holds" the unit for your tenancy and takes the rental unit off the market. THE HOLDING FEE IS NON-REFUNDABLE ONCE PAID.
• Upon lease signing and tenancy, the Holding Fee will be applied to the Security Deposit.
• The Chesapeake uses Cozy Services for electronic payments, beginning with holding fees and then other move-in fees, deposits, prorated rent, if applicable, and thereafter, monthly rent payments. (Specific information regarding Cozy is available from the Landlord and is included in the Welcome Packet.)
• Legal requirements for receipt and statement of conditions of the Holding Fee are provided in the on-line application and require acknowledgment. (See Application & Holding Fee Agreement.)

LEASE SIGNING AND MOVE-IN MONIES

• The lease may be reviewed and signed in advance electronically, prior to receiving keys. The lease will be kept electronically.
• Rent, or prorated rent if applicable, non-refundable fee, and security deposit balance must be paid on or before time of signing. (May include other special fees/deposits.)
• Rent begins on the contracted date, no more than 14 days after the unit is rent-ready, unless agreed to in writing by landlord as evidenced in the prepared lease.
• All fees, deposits, and rent will be electronically paid through Cozy Services and the monthly rent charge will be set up for future rent payments.
• Pursuant to Seattle Municipal Code, tenants have the option to make payments of the security deposit and the non-refundable fee. At least 1/6 of security deposit and non-refundable fee at time of signing the lease (at its inception), and at the first of each month thereafter (5 months.) Lease terms will include payment arrangement, balances due, etc. Tenant must request the payment option at time of notice of approval, prior to the writing of their lease/rental agreement.

MISCELLANEOUS

PARKING SPACES ARE LIMITED and are offered as available. For more information, see Addendum.

Applicant must agree to NO PETS. For complete policy, including allowances for documented service animals, see Lease/Rental Agreement and Addendum.

Applicant(s) must agree to NO SMOKING POLICY. For complete policy, see Lease/Rental Agreement and Addendum.

Applications are accepted for appropriate number of occupants based on size of unit in accordance with all local ordinances and Fair Housing.

Legal Disclosure Requirements: The above satisfies the legal requirements for having posted minimum requirements for application for residency. All policies, regulations, and laws are to be met whether stated above or not.

Adverse action: In the event an applicant is denied tenancy, or any other form of adverse action is taken against the applicant including requiring an additional deposit or financial guarantor, the landlord is required to provide an Adverse Action Notice. This notice must inform the applicant of the basis for the adverse action, as well as providing contact information for the applicant to obtain a copy of their background check, where that would apply. Unless otherwise stated in an adverse action notice, The Chesapeake uses consumer reports provided by Rental Services, Inc., 10050 Ralston Road, Suite 7, Arvada, CO 80004. 303-420-1212 or 800-628-6414, fax 303 420-1477 or 800-296-9902. www.erentalservicesinc.com

Screening Report Review: Chesapeake Management does not obtain actual credit reports but has provided qualifying criteria to the screening company by which an approve/decline indication is made, thereby eliminating our requirement for destroying reports. Accepting applicants for tenancy is decided by management, using all information available, not just credit report. Management reserves the right to accept an applicant even though specific criterion might not be met and require additional monies or financial guarantors. An adverse action notice will be provided.

Landlord-Tenant Laws: The Chesapeake is in conformance with all laws affecting rental properties set forth by The City of Seattle, State of Washington, Fair Housing, etc., whether specifically mentioned on any of its published forms, marketing or website and is subject to and will abide by any changes to these laws or their interpretation by legal professionals or associations that specifically address landlord/tenant issues, whether changed in our published forms, marketing or website.

Fair Housing: The Chesapeake, in compliance with Fair Housing, includes herein a Fair Housing Poster and in its website. www.livingatgreenlake.com