> ## Documentation Index
> Fetch the complete documentation index at: https://docs.pylon.mortgage/llms.txt
> Use this file to discover all available pages before exploring further.

# HOA Dues for Owned Property

> Provide documentation of current HOA dues for owned properties other than the subject property to ensure association fees are included in housing expenses.

## What this task is

This task collects evidence of **homeowners association (HOA) dues** for an **owned property other than the subject property**.
The documentation should show:

* The **amount of the recurring HOA payment**, and
* The **name of the association** receiving the dues.

This information is used to include HOA dues in the **PITIA calculation** (see [PITIA](/entity-models/key-concepts/piti)) for each owned property that will remain after closing.

## When this task is required

This task is required when:

* The borrower owns an **additional property besides the subject property**, and
* The property type is a **Condominium** or **Planned Unit Development (PUD)**, or otherwise subject to HOA dues, and
* The property will **remain after closing** and continue to incur HOA obligations.

These scenarios are common when borrowers own:

* Additional **condo or PUD units**, or
* A **primary or secondary residence** in an association-governed community.

## Why this task is required

HOA dues are a **material component of total housing cost**:

* They must be included when calculating **debt-to-income ratios** for each property.
* They can affect the borrower’s **capacity to manage multiple properties** and associated obligations.

Without accurate HOA information, the lender may:

* **Underestimate the borrower’s true housing expenses**, or
* Fail to identify unusually high dues that may impact affordability.

## Documents needed to resolve this task

To satisfy this task, provide:

* Documentation showing the **current HOA dues** for the owned property, such as:
  * A **billing statement** or **invoice** from the association.
  * An **account statement** or **coupon book** reflecting the current periodic amount.
  * A **mortgage statement** that separately identifies HOA dues if they are collected and remitted by a servicer.
* The documentation should clearly indicate:
  * The **amount and frequency** of the dues (monthly, quarterly, annually), and
  * The **name of the HOA** for reference.

These documents allow the underwriter to incorporate HOA dues correctly into the borrower’s **housing cost profile** for owned properties other than the subject property.