2960 Eastlake Ave E #111

Lease terms

Rental Terms: 9 to 12-month fixed-term lease agreement. Rent is $2,650 per month for a 9-month lease, $2,625 per month for a 10-month lease, $2,600 per month for an 11-month lease, and $2,500 per month for a 12-month lease. The refundable security deposit is $2,500 and is paid when the move-in checklist is complete and signed by both parties. No pets allowed. No smoking or vaping in the unit. The tenant pays for electricity provided by Seattle City Light. Water, sewer, and garbage are included in the monthly rental price. The tenant is responsible for procuring and paying for internet and cable service. The tenant must comply with all Ruby Condominium Rules and Regulations. The landlord will inspect the property every six months. Lease start date: September 1, 2026. To apply for tenancy, each of the applicants MUST 1) Sign this rental criteria notice and send the signed copy via email to the landlord, AND 2) See the unit in person and show a valid government-issued photo identification (e.g., driver's license, passport) before the viewing. If an applicant is located outside the area, one member of the group of prospective residents or another individual designated by the applicant must visit the property in person and use FaceTime, WhatsApp, or another method to take a virtual tour of the property with those not present in person. You must arrive on time for your scheduled appointment. The landlord may deny your application if you don't arrive on time and fail to notify them about the delay and/or intent to reschedule the viewing for a later day. The landlord uses Intellirent for prospective tenant screening and application processing. The credit report is done through Experian. The applicant has a right to obtain a free copy of the consumer report if it results in a denial or adverse action. The applicant has a right to dispute information in a consumer report. The nonrefundable screening fee is $40 and is paid directly to Intellirent when filling out the application. The landlord will send a link to the prospective tenant with instructions on how to fill out the application. The landlord will communicate with the tenant through email. Required application documents include 1. A copy of valid government-issued photo identification. 2. Verifiable social security number or individual tax identification number. 3. Filling out the online application form via Intellirent. 4. Paying the non-refundable tenant screening fee of $40. 5. Verifiable rental (or mortgage if applicable) history with valid phone numbers for the current and previous landlords/mortgage originator. 6. Verifiable current employment history and proof of monthly income to meet the required income-to-rent ratio. A valid phone number for the employer must be provided. A fixed-term lease agreement will be offered if each applicant who plans to reside in the unit meets the following minimum screening criteria: 1. Credit History: A credit score of 720 and above; all accounts are in good standing within the last 3 years; any bankruptcy (open and/or discharged) will result in denial; any derogatory credit history will result in denial; any outstanding collection will result in denial; insufficient or lack of credit may also result in denial. 2. Income History: Monthly verifiable gross income must be equal to at least 2.5 times the monthly rent. If income is less than 2.5 times the rental amount, the landlord will require a qualified cosigner (see section on cosignor below for further instructions). Examples of income verification documents include: 1) letter of verification of employment from employer with salary/wages, 2) recent paycheck stubs from verifiable employer, 3) copies of most recent tax returns, 4) proof of regular investment earning income, 5) proof of recurring social security income or other form of governmental rental supplement, and 6) any additional verifiable sources of income. 3. Rental History: Verifiable and favorable rental or mortgage history within the last 24 months. One or more late payments, any unpaid due rent, rental damage over $2,000, one or more NSF checks, and/or noise complaints within 24 months will result in denial; if past or present landlord(s) or mortgage companies do not respond to requests for information within 48 hours of being contacted, the application may result in denial due to unavailability of verifiable favorable rental history. For applicants with no prior rental history, adequate personal references equivalent to two favorable past landlord references will work. Lack of these references will result in denial. 4. Employment History: Verifiable favorable employment history with the same employer for the last 12 months. If less than 12 months with the current employer, the previous employer's information will be requested and verified. If currently receiving unemployment or alternative sources of income, verification will be required. If the current and/or previous employer(s) do not respond to requests for information within 48 hours of being contacted, the application may result in denial due to unavailability of verifiable favorable employment history. 5. The lease start date is September 1, 2026. 6. The application will be denied if any of the information on the application is falsified. 7. If the minimum income-to-rent ratio is not met, the landlord allows for a qualified cosigner who must meet all of the following criteria: A. Screening fee of $40 paid and tenancy application complete. B. Verifiable monthly gross income is 5 times the rental amount of the unit. C. A credit score of 720 and above; all accounts are in good standing within the last 3 years; any bankruptcy (open and/or discharged) will result in denial; any derogatory credit history will result in denial; any outstanding collection will result in denial; insufficient or lack of credit may also result in denial. D. 2 years of valid and verifiable rental or mortgage history with no late payments. Every prospective tenant 18 years of age and above that will live in the rental unit must complete an application for tenancy. Only completed applications will be further processed in the order received. The application is considered complete when all proposed occupants 18 years and older have applied and each application includes all the required information stated in this notice. The city of Seattle requires the landlord to: A. Offer the tenancy to the first applicant who submits a complete application and meets the minimum screening criteria. B. Give a minimum of 72 hours to provide additional information for an otherwise complete application. C. Provide 48 hours for a response to an offer of a rental agreement, and after 48 hours if no response is received, the landlord can proceed to screening the next applicant in line. D. Provide a copy of the Seattle Renter Handbook. All Section 8 applicants are required to meet the same criteria as stated above, with the exception that the applicant only needs to meet income requirements for their portion of the rent. Recommendations will be made following the above set standards. City of Seattle allows the landlord to ask for verification of the disability-related need for the service animal from a qualified third party such as a medical provider or someone qualified to verify the connection. If you have any questions, need more time due to needing language interpretation or need reasonable accommodation due to a disability, please contact the landlord via email. We will not allow a reusable tenant screening report.