An Accredited Association Management Company (AAMC) has met the highest standards for management companies set by CAI. To earn the accreditation, companies must meet financial management and reporting requirements for client associations’ bank accounts, reserve funds, budgets, and expenditures, and must maintain fidelity, liability and workers compensation insurance. The company must have three years of experience managing client community associations, a PCAM designee as the company’s senior manager and at least 50% of the company’s qualifying managers must hold a CMCA, AMS, or PCAM. AAMC-accredited companies must commit to at least twelve hours of continuing education every two years for all designated staff and to the CAI Professional Manager Code of Ethics.
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Click here for a complete list of AAMC companies in CAI-GLAC.