What is AAMC?
An Accredited Association Management Company 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 maintain fidelity, liability and worker’s compensation insurance. The company must have three years of experience managing client community associations and at least 75 percent of the company’s qualifying managers must hold a PCAM, AMS, CMCA or Certified Property Manager (CPM) credential. AAMC-accredited companies must commit to continuing education for all management staff and CAI’s Professional Code of Ethics.
