Gallagher Properties

Gallagher Properties

Rental App Criteria

1521 NW 54th St. #102 Seattle WA 98107    P: 206-789-4411  F: 206-789-1350        www.gallagherproperties.com

***We do not accept Comprehensive Reusable Screening Reports (CRTSR)***

 

RENTAL APPLICATION CRITERIA

WELCOME TO OUR COMMUNITY.  Before you apply to rent an apartment please take the time to review these rental criteria. The term “applicant(s)” under these criteria means the person, or persons, that will be signing the lease as a “resident”. The term “occupant(s)” in these criteria means the authorized occupants under the lease.  All adult occupants (18 years and over) will be considered as residents under the lease, and will be asked to sign said lease. Nothing contained in these requirements shall constitute a guarantee or representation by us that all residents, and current occupants, have met these requirements. For applications to be processed, all applicant information, signatures and applicable fees must be completely received.  The first completed application received will be processed, in accordance with the city of Seattle first-in-time rule.

In addition, many states and localities have their own local fair housing laws, or ordinances, which many protect additional characteristics from discrimination in housing. Our community does not discriminate based on any state or locally protected characteristics. Please note that these are our current rental criteria: nothing contained in these requirements shall constitute a guarantee, or representation, that all residents and occupants currently residing at this community have met these requirements. There may be residents and occupants that have resided at this community prior to these requirements going into effect. Additionally, our ability to verify whether these requirements have been met is limited to the information we receive from various resident credit reporting services used. Please review this information before completing the application and paying the application processing fee, which is non-refundable. Falsification of information on the application will result in denial of residency, and loss of application deposit as liquidated damages for our time and expense.

IDENTIFICATION: All applicants will be asked to provide identification, and evidence of their lawful presence in the United States. All applicants must present a valid driver’s license, or other government-issued photo identification and one of the following:

1) a United States government issued Social Security number

2) Form I-94 Arrival-Departure Record showing entry date and authorized period of stay

3) Temp. resident alien card, verifying approved entry by the United States government (I-94W)

4) Form I-95

5) Form I-151

6) I-551, Permanent Resident Card (Alien Registration Receipt Card)

7) Form I-688, Temp. Resident Card

8) Form I-688A, Employment Authorization Card

9) Form I-688 B

10) Form I-766

CREDIT REPORT: A 675 (NCR) or higher credit score is required, with recent accounts in good standing. An applicant with an unsatisfactory credit report/rental score will be denied. Excessive collection amounts, including utility accounts (regardless of status), will result in a denial of the rental application. Bankruptcy (regardless of discharge), or repossession within the last two years, may be grounds for denial of the application. Rental housing debt, evictions, or collections within the last seven years will result in automatic denial of the application. Any unresolved tax liens will negatively impact the overall applicant screening result. We do not accept a cosigner to compensate for a credit score under 675. All prospective tenants shall have viewed the unit and fulfill all application rental criteria, and/or had an authorized agent view it.  We do not accept tenant provided Comprehensive Reusable Screening Reports (CRTSR).

In evaluating your application, the consumer reporting agency listed below provided us with information that in whole, or in part, influenced our decision. The reporting agency played no part in our decision, other than providing us with credit about you. Under the Fair Credit Reporting Act, you have a right to know the information provided to us. It can be obtained by contacting:

Credit Information-

TransUnion LLC/Consumer Disclosure Center                     National Credit Reporting

P.O. Box #1000/Chester, PA 19022                                       6830 Via Del Oro Suite 105, San Jose, CA 95119

(800) 888-4213                                                                       (800) 441-1661 Ext.107/privacy@ncrcredit.com

INCOME: Evidence of a verifiable consistent monthly gross income from the perspective resident(s) employer or any other sufficient source of income of at least 3 times the monthly rent and applicable utilities. Applicants must supply proof of verifiable and stable employment. If applicant has less than 6 months or employment history, an additional guarantor, and/or information, may be required. If a guarantor is required, guarantor’s income must be 4 times the tenant paid rental amount.

Please provide a recent bank statement, reflecting funds available for first month’s rent, security deposit, and applicable fees. Also, the most recent two paystubs for employment verification are required. In the event of a new job, please provide a copy your acceptance letter, with salary information.

If retired, or not employed, the applicant must pass income, credit, or (in some instances), provide an acceptable guarantor.

If self-employed, applicant must provide (1) the priors year’s tax return with Schedule C form, with the applicants affidavit that anticipates applicant’s NET earnings for the next 24 months; (2) CPA/accountant’s statement of the prior year’s tax returns and anticipated NET income for the next 24 months; or (3) 24 months of certified, or uncertified, financial statements (including accountant’s calculation of straight-line depreciation expense, if accelerated depreciation was used on the tax return or financial statement).

Full-time students (minimum of 9 credit hours) who do not have verifiable employment must provide proof of school enrollment, and must provide either proof of funds, or an acceptable guarantor.

*Note: The identification, income, employment, and deposit requirements may be modified if required by Federal Subsidy, or financial programs.

RESIDENCE HISTORY: All occupants 18 and over (except first-time renters) must have at least 6 months of verifiable, and positive, residency history immediately preceding application. Verification must be performed by a third-party entity. Verification by an individual will not be accepted unless proof of payments on a timely basis is included.

First-time renters, or applicants with no verifiable residency history will require an acceptable guarantor in lieu of immediate past rental history. Residency history that includes prior evictions, multiple late payments, returned checks, poor housekeeping, conducting disturbing the rights and comforts of other resident, unauthorized occupants, property damage, or failure to adhere to the policies and regulations of the community, or management company, will result in automatic denial of the application.

If applicant owned his/her prior residence, mortgage history will be verified through credit report, or other documentation of home ownership.

OCCUPANTS: Occupancy of the apartment is limited to those person(s) listed on the lease, and is based on the number of bedrooms in a unit. A bedroom is defined as a space within the premised that is used primarily for sleeping, with at least one window and a closet space. Occupancy guidelines are no more than two persons per bedroom plus one, i.e. three (3) persons in a one-bedroom apartment (efficiency/studio), five (5) persons in a two-bedroom apartment or seven (7) persons in a three-bedroom apartment. Any person under the age of 18 intending to occupy the apartment must be identified on the application, and listed on the lease, or such person will be considered an unauthorized occupant. Occupants under the age of 24 months at time of lease signing, or renewal, are not counted toward maximum occupancy.

Definitions of occupants- immediate family members under the age of 18, or legal dependents as indicated on the most recent federal, or state, income tax form. Occupants must not have any automatic rejections. All others need to apply for lessee status, complete an application, and be screened accordingly.

CRIMINAL HISTORY: Gallagher Properties LLC considers the entire application.  We do not exclude individuals simply because of prior convictions and only consider the records that a reportable under the Fair Credit Act and rules of Washington and Seattle.  Convictions that can lead to denial of tenancy would be those that cause a person to register on the sex offender registry.  Applicants or current residents appearing on the list of known terrorists and wanted fugitives as provided by the Office of Foreign Asset Control (OFAC), federal agencies (including the FBI or other state and local law enforcement agencies) would be denied 

Please remember that this requirement does not constitute a guarantee that residents, or occupants residing at the apartments, have not been convicted of a felony, or are not subject to deferred adjudication for a felony. There may be residents, or occupants, that have resided at the apartments prior to this requirement going into effect. Additionally, our ability to verify this information is limited to the information made available to us by the resident credit reporting services used.

GUARANTORS: Acceptable guarantors must reside in Washington States, and qualify in each of the above categories. An additional deposit may be accepted if a qualified guarantor isn’t available.

Reasonable Accommodation to Disabilities: As part of this property’s commitment to equal housing opportunities, and non-discrimination based on disability, you may request reasonable accommodations during the application process. Please notify management if you believe any such accommodation to a disability is necessary. Those with service or companion animals may be required to provide a valid prescription, and prescribing doctors contact information.

All persons 18 and over intending to reside in the apartment must qualify in each of the above categories, with the exception that the household’s combined income may be used to satisfy the rent to earnings ratio.

An agreement to enter into lease and receipt will accompany, and be a part of, the application process.

All prospective tenants, or designated representatives, must view unit prior to submitting application.

ACKNOWLEDGEMENT: By signing, and submitting the application, said applicant acknowledges that he/she has reviewed the rental selection criteria, which includes reasons why the application may be denied. The applicant understands that if he/she does not meet the rental selection criteria, or fails to answer any question, or gives false information, we may reject the application, retain fees allowed by stature, and terminate any right of occupancy.