Home Owner Associations, Condominium Associations, and Co-operatives are filing for bankruptcy at staggering rates. As property owners are not able to pay their mortgages they often choose not to pay their home owner association, condo association, or co-op dues and what they consider less important financial obligations.

As a result, Home Owner Associations and Condominium Associations are not able to pay for the expenses that they had budgeted for. Some associations pay for common area elements, roofs, plumbing and other structural and non-structural aspects of properties. Many associations, primarily condominium associations and co-operatives also pay for utilities. They also pay for garbage removal.

When an association is not able to pay for roof, plumbing and other repairs further damage is caused and the entire community suffers. This can cause devaluation of property and poor living conditions.

I suggest a national priority lien standard for Home Owner Associations, Condominium Associations and Co-ops. The first lien holder of a property is the taxes and the second position lien holder is the applicable home association. This would create coverage for the associations when the property owner falls behind on the association dues. When the home is sold the lien is paid.

Associations in some states such as Maryland and Florida are suffering tremendously because they have been unable to get a priority lien bill through. While other states, such as New Jersey have had priority lien in place for condo associations for years and are taking steps to address this with HOA's.

If you reside in Maryland or FL, you can click on the state name and the link will direct you to your state senate. Tell your Senator that you want a priority lien law. Contact your Maryland State Senator or Florida State Senator. Tell the Senator that you want a bill to be created and made law that will give everyone protection and it won't cost them a penny.

In fact, when homes are in better care and they sell for more and the states can receive more in property taxes. Tell your State Senator that you want a priority lien bill passed that will ensure more safety for your community and high quality living conditions. These are common sense bills that must be passed. Don't let banking and mortgage lobbyist be the only ones that have the Senators' attention. Take a stand for your neighborhood, take a stand for yourself. If you don't like the where our economy and lifestyle are headed, then do something about it.

If you don't reside in one of these three states, then please find out what your state law is. A quick email to your State Senator will give you the answers. Do a Google search for 'your state state senate' . For example, I was able to find Maryland State Senators contact information on the above link by typing a Google search 'Maryland State Senate'. I selected the third result which was Senator by name. This permitted me to provide you with a link that will permit you to select your Senator.

Once you have determined whether or not your state has a priority lien law, please take the time and comment on the priority lien blog. I will track of all of them, along with your comments and suggestions.

If you have another cause that you would like consideration for or a law passed, drop me a noteReal Estate Search and Sale LLC Blog. I will look into it and consider it for promotion, through articles, press releases, social media marketing and more marketing and advertising sources, via www.netmarketingsource.com. Our marketing partner, who help make this article.

Priority Lien should be your first priority.