The CMRAO issues four types of licences :
Each licence has specific qualifications, application requirements, conditions and obligations. Individual condo managers and condo management companies also need a licence.
Some people may be exempt from licensing if they are providing services within the authority of their profession (for example, lawyers, engineers, architects, accountants). Find out more information about those exempt from licensing.
The CMRAO issues three types of licenses depending on your level of experience and education in condo management. The fourth type of licence is for condo management companies.
CMRAO’s estimated annual operating budget of $2.4 million will be financed by the fees it collects for licensing condominium managers and condominium management providers (firms). These fees allow CMRAO to run its licensing program, review and set standards, and operate a complaints and inspections program that ensures compliance with the Act.
The requirements for each licence vary depending on the education that an individual has obtained prior to November 1, 2017.
Some people may be exempt from licensing if they are providing services within the authority of their profession.
All licences must be renewed annually. The licence year runs from July 1 to June 30, so the deadline to complete the renewal is June 30.
Every licensed condo management company, regardless of size, must maintain errors and omissions, as well as fidelity insurance coverage.
Condo corporations may hire a condo manager (or a condo management company) to oversee the corporation’s day-to-day operations. The manager is accountable to the condo corporation.