All licences issued by the CMRAO must be renewed annually. The regular licence year runs from July 1 to June 30, so the deadline to complete the renewal is June 30.Licensed individuals and companies can continue providing condo management services as long as they submit their renewal applications by the deadline.
Starting on June 1, licensees can submit their renewal applications by logging into their online account, updating their licence information and paying the annual licence fee:
The annual fee for each company is calculated based on the number of licensed managers employed by the company as of May 31 of the previous licensing year. For example, the fee for 2019-20 was set based on the number of managers listed at end of day, May 31, 2019. While CMRAO will send email reminders during the month of May, licensed condominium management companies are reminded to keep their list of managers up to date, as required under the Condominium Management Services Act, 2015 (CMSA).
The CMRAO is a non-profit organization and these fees are the primary source of our revenue. The fees allow us to work in the public interest to regulate condo management professionals in compliance with the Condominium Management Services Act, 2015.