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600 Ninth Ave Apts l COAST
<br /> said person to occupy or reside in the Leased Premises.
<br /> 2. LEASE TERM. This Agreement will be for a period of 1 year and 27 days,with the initial term commencing on August
<br /> 5. 2022 and expiring at 11:59 P.M. on August 31. 2023 ("Initial Term"), unless sooner terminated as provided in this
<br /> Agreement or as allowed by applicable law. Residents acknowledge that, upon expiration of the Initial Term, this
<br /> Agreement shall terminate, unless twenty (20) days or more prior to the expiration date of the Initial Term, the parties
<br /> agree otherwise in writing. If this Agreement is renewed as a month-to-month tenancy, either party must give at least
<br /> twenty(20)days written notice of termination or intent to move-out before the end of the monthly rental period.
<br /> 2.1. Month-to-Month Terms. In the event that this Agreement continues month-to-month, Residents shall pay
<br /> Owner a month-to-month charge of $0.00. This charge is due to Owner every month along with the monthly rent
<br /> payment, and is subject to increase upon written notice to Residents. For purposes of this Agreement, any unpaid
<br /> month-to-month charges are deemed additional rent.
<br /> 3. SECURITY DEPOSIT. Residents agree to pay to Owner, as a security deposit, the sum of$2,195.00, due on or prior
<br /> to the commencement date of the lease term. Unless modified by an installment payment agreement, included with and
<br /> attached to this Agreement, this is the total security deposit at the time of execution of this Agreement. The security
<br /> deposit will be available to Owner in the event Residents become liable for any damage or other losses during the
<br /> tenancy. If the security deposit does not cover the total amount of damage or other losses suffered by Owner, Residents
<br /> will be responsible for paying the remaining balance due to Owner. Residents'Security Deposit will be held at: Key Bank,
<br /> Seattle.WA 98104. In the event Owner sells the Residential Community, Owner will transfer the security deposit to new
<br /> owner,who will then be responsible for providing Residents with all required statutory notices.
<br /> 3.1. Deposit Deductions. Owner may recover amounts owed by Residents from the security deposit for any
<br /> lawful reason including, but not limited to, the following: any damages or loss caused by Residents'default or breach of
<br /> this Agreement; delinquent or unpaid rent; late fees; electricity, gas, water, sewer, stormwater, or other utility charges;
<br /> damages to the Leased Premises caused by simple negligence, intentional act,accident or inaction;the replacement cost
<br /> of fixtures or other items contained in the Leased Premises that are damaged or destroyed; service charges; batteries for
<br /> smoke detectors or other safety devices; unreturned, damaged or missing keys or entry devices; replacement light bulbs;
<br /> reletting expenses; delinquent fees or unpaid deposits; the costs of rekeying or disabling unauthorized security systems
<br /> and alarms; pet charges; government assessments against Owner caused by Residents, Occupants or guests; trash
<br /> removal; all costs associated with illegally parked vehicles, including removal; returned check fees; removal and storage
<br /> of items left in the Leased Premises; all costs, including attorneys' fees, related to eviction proceedings or the
<br /> enforcement of this Agreement; and any other amounts owing from Residents to Owner. If the security deposit does not
<br /> cover all of Owner's loss, Residents are liable for any unsatisfied amounts.
<br /> 4. RENT. Residents agree to pay to Owner, as rent for the Leased Premises, the sum of$2.095.00 per month. Unless
<br /> modified by addenda,this is the total monthly rent at the time of execution of this Agreement. Rent must be paid in full, in
<br /> advance and without demand, on or before the 1st day of each month with no grace period. Payments must be made in
<br /> the form of online payment. debit. personal check or certified check. Rent, and all other payments due to Owner,
<br /> shall be made payable to Harborview Tower, 600 9th Ave. Seattle. WA 98104, (206) 624-8447. The usual days and
<br /> hours when payments may be made personally are: , 600 9th Ave. Seattle, WA 98104. The
<br /> Residential Community may contain a drop-box for payments and notices, however the drop-box is provided only as a
<br /> convenience to Residents and does not guarantee delivery to Owner. The sole risk of loss or theft of any payments or
<br /> notices is assumed by Residents and Residents agree to immediately replace rent payment that is lost or stolen prior to
<br /> receipt by Owner. Residents are encouraged to make all payments and obtain receipts directly from Owner.
<br /> Residents must not withhold or offset rent unless specifically authorized by law. Owner reserves the right to refuse any
<br /> payment that does not pay the full balance of sums owed or does not include all sums due to Owner. Owner, in its sole
<br /> discretion, may require at any time, with or without cause, that Residents make payments in the form of certified check
<br /> or money order. Residents acknowledge and agree that failure to pay rent on time will be deemed a violation of this
<br /> Agreement, and all remedies available to Owner under this Agreement and applicable law for such violation will be
<br /> authorized. If in any month, rent is not paid before the 6th day of the month, payment must be in the form of certified
<br /> check or money order. If Owner serves Residents with a notice to pay rent or vacate the premises, which Owner may
<br /> do on any date after the 1st day of the month, any payment tendered following service of said notice must be in the form
<br /> of certified check or money order.
<br /> 5. PAYMENTS AND CHARGES. Owner and Residents agree that when Residents fail to pay rent on time, or when
<br /> Residents make a payment that is subsequently dishonored by the financial institution upon which it is drawn, the actual
<br /> cost to Owner is extremely difficult or impractical to ascertain, but the parties agree that Owner does, in the event of a late
<br /> or dishonored payment, incur certain costs, including but not limited to, additional bookkeeping and administrative
<br /> charges, bank charges, lost opportunity costs of the late payment. Residents agree that the late and dishonored payment
<br /> charges represent a fair and reasonable approximation of the actual cost Owner is likely to suffer, and are intended to be
<br /> Residential Lease Contract-Seattle(WA),Certified Dots.""-Rev.11/2021
<br /> Initial: COE 2 o4site LFASE.CP'J A 47 &.
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