Examine the legislative framework surrounding the creation, operation and management of condominium corporations in Ontario. Protecting Condominium Owners Act, 2015 amends the Condominium Act, 1998 and introduces the licensing of condominium managers under the Condominium Management Services Act, 2015 (CMSA). Explore a range of issues affecting condominium corporations in Ontario, including consumer protection, management contracts, dispute resolution and both recent and anticipated legislative reforms. Students will also be introduced to the major players in the condominium world, including various administrative authorities and regulators. As of November 1, 2017, this is one of the four courses which are the educational requirements for a general licence under the Condominium Management Services Act. This Act requires all condominium managers and providers in Ontario to be licensed. For more information on licensing, contact the Condominium Management Regulatory Authority of Ontario (CMRAO) at www.cmrao.ca. This is also one of the four courses which is compulsory for those managers who wish to write the Association of Condominium Managers of Ontario's RCM exam. For more information on the RCM, contact ACMO at www.acmo.org. Note: On November 1, 2021, responsibility for licensing education will transfer to the CMRAO and they will be introducing 6 different courses that will be required for licensing. Notwithstanding this, the four current ACMO courses will continue to be valid education for a license until October 31, 2022, provided you have enrolled in at least one ACMO course and applied for their Limited License before November 1, 2021. If you do this, and complete the four ACMO courses by October 31,2022 you will be deemed to have met the education requirement for licensing. Visit www.cmrao.ca, and click on Education to see more information and to confirm the transition plan.
Area of Interest:
Business, Finance & Administration