FREQUENTLY ASKED QUESTIONS

LEARN ABOUT

About AMS

There are two contract options. The first one is an “all-in contract”. It does not track time and only bills for items outlined as services or items “outside of contract”. The second is a standard contract with built-in hours included. Accounting services do not track time. If an Association uses more hours than stated in the contract an hourly charge will apply. Most Associations select the second option. Although larger communities sometimes select the all-inclusive contract with no limit on hours.

Association Powers and Decision Making

Association Structure and Funds

The law states in Washington and Oregon that the signatures of at least two directors is required for withdrawals from the association reserve account(s). Withdrawal requirements for other association accounts are usually set in the governing documents, but if they are not, the requirements can be established by the board.

The decision of whether the association should enter into a particular contract is made by the board unless the governing documents require owner approval, or unless the board has delegated the decision to an officer, committee, or manager.

Common Interest Developments (aka Homeowner Associations)

Director Election and Term

Enforcement and Disputes

Insurance and Liability

Maintenance, Alteration, and Defects

Meetings and Decisions

Mortgages and Liens

Officers, Managers, and Committees

Owner Assessments

Ownership and Possession

Use of Common Area

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