These four courses constitute the compulsory educational requirements for a general licence under the Condominium Management Services Act. The online format allows you the flexibility to learn wherever you have access to a computer and the internet.
Courses in Condominium Management
Condominium Law (LAWS309)
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 compulsory courses which are the educational requirements for a general licence under the Condominium Management Services Act.
Condominium Administration and Human Relations (MGMT275)
Examine the information, knowledge and skills required for effective condominium management. Build on the knowledge gained in the Condominium Law course through the application of the Condominium Act, including amendments made in Protecting Condominium Owners Act, 2015 and other legislation in day-to-day operations. Topics: the development of a condominium, the first year, preparing for and managing Board and General meetings, contracting, staff management, condominium insurance, communication, writing and negotiation, ethics, dispute resolution and conflict avoidance. As of November 1, 2017, this is one of the four compulsory courses which are the educational requirements for a general licence under the Condominium Management Services Act.
Physical Building Management (CNST208)
Explore the physical aspects of the total site, and how to get the most economical life out of the common elements through good maintenance practices. Examine residential condominium structures, proactive and predictive maintenance, appropriate management practices for effective day-to-day building management, and the handling of emergency situations. Investigate heating, air conditioning, ventilation, electricity, building envelope, plumbing systems, life safety systems, elevators, performance audits and reserve fund studies, and grounds-keeping from a condominium management perspective. Determine when to call in professionals and how to work with them, problem-solve within the physical building environment, and effectively communicate issues and solutions to the Board. Review the basics of condominium manager licensing so that managers are aware of their obligations under the Condominium Management Services Act. As of November 1, 2017, this is one of the four compulsory courses which are the educational requirements for a general licence under the Condominium Management Services Act.
Financial Planning for Condominium Managers (FINA020)
Gain a thorough understanding of the financial management of condominium corporations. Topics include: the accounting process, financial administration, general ledger and coding, financial statements, presenting financial statements to the Board, understanding and preparing budgets, reserve funds, the audit, investing and borrowing. Knowledge of Microsoft Excel and Word is required. Completion of this course with a minimum grade of 60% is a prerequisite to writing the Registered Condominium Manager (RCM) examination set by the Association of Condominium Managers of Ontario.