FREQUENTLY ASKED QUESTIONS LEARN ABOUT Search for: About AMS Association Powers and Decision Making Association Structure and Funds 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 A What restrictions apply to a manager’s handling of HOA funds? The Legislature is still developing laws to prevent commingling and fraud in the handling of HOA funds. You should look for a management company that has implemented its own internal controls to protect your association’s assets. Owner Assessments Ownership and Possession Use of Common Area
