Condominium Associations, Co-operatives and Home Owner Associations are filing bankruptcy at alarming rates. As property owners are unable to pay their mortgages they often elect not to pay their HOA, Condo or Co-op dues and what they consider less important financial obligations.

As a result, HOA's, Condo Associations, and Co-ops are unable to pay for the expenses that they had budgeted for. Some associations pay for common area elements, plumbing, roofs and other structural aspects of properties. Many associations, typically condominium associations and co-operatives also pay for water, gas and electric. They also pay for garbage removal.

When associations are unable to pay for plumbing, roof and other repairs additional damage is caused and the entire community suffers. This can cause devaluation of property and diminished living conditions.

I propose a national priority lien standard for Home Owner Associations, Condominium Associations and Co-ops. This means that the first lien holder of a property is the taxes and the second is the applicable home association. This would help create coverage for the associations when the property owner does not pay 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 not been able to get a priority lien bill through. While other states, such as New Jersey have had priority lien in place for condo associations for several years and are now taking steps to add coverage to HOA's.

If you reside in MD or Florida, you can click on the state name and the link will take you to your state senate. Inform your Senator that you want a plan for financial change. Reach your Maryland State Senator or Florida State Senator. Tell the Senator that you desire a bill to be created and made law that will provide everyone protection and it won't cost them a penny.

In fact, when homes are in better care and the property sells for more and the states is able collect more in property taxes. Tell your State Senator that you want a bill passed that will ensure more safety for your community and high quality living conditions. There are common sense bills that must be passed. Don't let mortgage and banking lobbyist be the only ones that have the ear of the Senators. Take action for your community, take action for yourself. If you do not like the where our economy and lifestyle are going, then do something about it.

If you don't live in one of these three states, then please research what your state law is. A simple email to your State Senator will get you the response. 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 chose the third result which was Senator by name. This allowed me to give you with a link that will permit you to select your Senator.

After determining whether or not your state has a priority lien, take a moment and comment on the priority lien blog. I will keep track of all of them, as well as your suggestions and comments.

If you have another cause that you would like to get a bill created for or a bill passed, drop me a note via the blogReal 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 advertising and marketing partner, who help make this article.

Priority Lien should be your first priority.