Application Process:
Each Applicant must be at least 18 years old or be an emancipated minor.
Application Approval:
If the application is approved, the applicant will be required to sign an agreement to enter into a lease within 24 hours of being approved.
Occupancy Limits:
The maximum occupancy for a small studio is 1 person. The maximum occupancy for a regular studio apartment is 1-2 people. The maximum occupancy for a 1 bedroom is 2 people. The maximum occupancy for a 2 bedroom is 3-4.
Requirements After Application Approval:
If the lease commences immediately, the Applicant will need to sign a lease agreement, and all other move-in paperwork, as well as pay all deposits, and a full first month's rent.
If the lease commences at a future date, the Applicant will need to sign an agreement to enter into a lease and pay the security deposit within 24 hours of application approval. The security deposit will be applied to total move-in costs, but shall be forfeited as liquidation damages if the tenant fails to pay the full move-in balance on the lease start date and/or fails to occupy the unit.
When The Apartment Is Ready For Occupancy:
The lease must start no later than three days after the application has been approved, unless another date is agreed upon between both parties.
When the Apartment is Not Ready For Occupancy:
The lease will start on the date the apartment will be available, as determined by Giovanny.
Application Rejected:
If the Application is rejected, then the Applicant will be notified promptly.
Screening & Criteria For Residency
Photo Identification (Drivers License, I.D, Passport)
Completed and Accurate Application.
We evaluate Applicants based on the criteria listed below.
Credit:
Positive credit score is preferred.
Income:
Applicant's gross income should be at least 2 times the rental rate. If not, we may require that you have a co-signer or show proof of some savings.
Employment:
If you are relying on employment as your source of income, we prefer that you've been with your job for at least 1 year.
Rental History:
Excellent previous rental references are required.
“The owners were very kind and approachable, as were my neighbors. The apartment itself has a great vintage flair. Most importantly to me, though, is the location. Ladd’s Addition is easily my favorite corner of Portland. The neighborhood is just a few blocks from downtown with big trees and numerous local establishments and parks.”
“My place on NE 15th has really nice hardwood floors. Lots of natural light. Awesome neighbors. Super close to cool yummy places to eat and hangout. Erica and her dad are wonderful people. They are always available. I’m lucky to have them as my landlords.”