Confidential

HOA Management Fee Structure

Modern Property Management – HOA Division

Effective October 1, 2026 | Pierce County, WA

Monthly Management Fee

Base Fee: $425/month (up to 15 units) + $26 per additional unit
Community Size Monthly Fee Per-Unit Equivalent
Up to 15 units $425 $28.33/unit
20 units $555 $27.75/unit
25 units $685 $27.40/unit
30 units $815 $27.17/unit
35 units $945 $27.00/unit
40 units $1,075 $26.88/unit
45 units $1,205 $26.78/unit
50 units $1,335 $26.70/unit
Financial Management Only: $275/month (up to 15 units) + $15 per additional unit
Dues invoicing and collection, monthly financial statements, bank reconciliation, budget preparation, and year-end package. Meetings, inspections, and enforcement available à la carte.

Services Included in Monthly Fee

Administrative & Communication

Financial Management

Dues Collection

Board Meetings

Property & Compliance

One-Time Fees

Onboarding & Transition

Standard Onboarding
Document collection, software setup, owner database, account establishment, vendor transfer, initial site assessment
$750
Expedited Onboarding (within 14 days)
All standard services with priority processing
$1,000
Complex Transition
For associations with >15% delinquencies, incomplete records, or active litigation
$1,500

Document Setup (If Needed)

Governing Document Review (CC&Rs, Bylaws, Rules) Included
Policy & Procedure Development (if not existing) $350
Reserve Study Coordination $200

Additional Services (À La Carte)

Meeting Services

Additional board meetings (beyond 2/month) $100/meeting
Extended meeting time (beyond 2 hours) $50/hour
In-person board meeting attendance $150 + mileage
Special membership meeting $150/meeting
Board training session $200/session

Site Visits & Inspections

Additional inspections (beyond 1/month) $75/visit
Emergency site visit (after hours) $150/visit
Vendor meeting on-site $75 + mileage
Mileage (for in-person services) Current IRS standard rate

Collections & Delinquency

3rd+ delinquency notices $25/notice
Payment plan monitoring (beyond 2 active) $35/account/mo
Pre-lien demand letter $75
Lien preparation and filing $200 + recording
Collection file prep (for attorney) $150/file

Compliance & Enforcement

Architectural review processing $50/application
Formal hearing preparation & attendance $150/hearing
2nd+ violation notice (same violation) $25/notice

Financial Services

Special assessment administration $200 + $10/unit
Audit preparation package $350
Tax return preparation (Form 1120-H) $400
Insurance claim coordination $100/claim

Document Services

Resale certificate/disclosure package $250 (paid by seller)
Refinance questionnaire $150 (paid by owner)
Rush document request (48 hours)
Not applied to resale certificates; statutory fee caps apply
+$100
Physical mailing $2.50/letter + postage

Capital Project Management

Project Size Management Fee
Projects under $5,000 $250 flat
Projects $5,000 – $50,000 10%
Projects over $50,000 7% (negotiable)

Project Management Includes:

What We Don't Charge For

Unlike many management companies, these common fees are always $0:

Contract Terms

Standard Term 12 months initial, then month-to-month
24-Month Term 5% discount on monthly fee
Termination Notice 60 days written notice
Early Termination 2 months' fee
Payment Due 1st of each month
Annual Increase Limited to 3% or CPI