Condominium Real Estate Life – Qtr2/20 | Condo Mania

Welcome to the Ontario condominium real estate life portal of my condo home library, the Condorary

Self-managed corporations or condominium property management oversee the carousel of building staff, contractors, owners, owner landlords and tenants as it relates to buildings and land. With persons of diverse knowledge hopping on and off buildings and Boards every so often, someone needs to guide the merry-go-round and provide a corporation with stable operations. 

Whack-a-mole à la condo!

Did you know the Condominium Management Regulatory Authority of Ontario (CMRAO) is the licensing branch that regulates the condominium market with the assistance of the Association of Condominium Managers of Ontario (ACMO)?

Feature Video – Introduction of CMRAO at the ACMO Luncheon (4:20)

Since condo owners may become aware of what they are paying for through the ACMO quarterly industry association magazine, articles and videos below, then licensed property managers, current job seekers and potential students may also benefit.

CM Magazine Spring 2020

The condominium landscape across Ontario is growing. Responsibilities are multiplying. What does it take to be a successful condominium manager in 2020? Source: © 2020 ACMO – The Association of Condominium Managers of Ontario

Building Trust by Communicating with Condominium Residents

Given the number of moving parts involved in the operation of a condominium corporation, communication is key to maintaining a strong relationship between the resident, board of directors, building staff and management team. Condominiums have a unique challenge to effectively blend business and community which at times can cause friction. Source: Colin Ogg, RCM © 2020 ACMO – The Association of Condominium Managers of Ontario

Feature Video – Working With Contractors (18:48) 

If you can manage the time, take a look at the  ACMO Video Library

Condominium Management / Property Management Courses

The following colleges have programs with the four exams needed by ACMO – The Association of Condominium Managers of Ontario for licensing of condominium managers.   Centennial College – Part Time Learning  |   Conestoga College – Continuing Education   |  George Brown College – Continuing Education  |   Humber College – Condominium Management  |   Humber College – Property Management  |   Mohawk College – Continuing Education  |   Seneca College – Part-Time Studies     |  Sheridan College – Continuing and Professional Studies   |  Sir Sandford Fleming College – Continuing Education

The above may not be a comprehensive list of sources or a link may change. Use the site below to find the most up-to-date information and other industry related courses.

OntarioLearn

“It’s the most impressive collection of shared online college courses in North America, right at your fingertips.  All 24 of Ontario’s publicly-funded colleges are working together in OntarioLearn to offer you easy access to a wide variety of high-quality courses, programs and services online. Search our inventory to find your online course or program at a preferred start date, register with one of our member colleges that offers it, and log in to our Portal for one-stop access to your learning.” Source: ©OntarioLearn 2016

The website below supplies the job seeker with a list of 345 positions at the time of this writing with job descriptions and sometimes salary. For condo owners and students who have little knowledge of what property management is about, reading want ads can give eye-opening experiences. 

Property Management Jobs in Ontario

A business of great interest for both potential condo owners and condominium managers is the new home warranty program and registry of all new home builders in Ontario.

Tarion

“For more than 40 years, Tarion has provided new home warranty protection to more than two million Ontario homes.  We serve new home buyers and new home owners by ensuring that one of their life’s biggest investments is protected.  Almost every new home in the province is covered by a new home warranty.  This warranty protection is provided by Ontario’s builders and lasts up to seven years.” Source: © 2020 Tarion

Feature VideoAn Evening of Conversation: Condominiums (59:37)

In the Tarion Warranty Corporation Video Library are helpful information resources for owners in both old and new buildings such as pre-delivery inspection (PDI) tips.

Condo owners have access to an organization which provides networking for individuals and corporations to help build a sense of community, solve problems, advanced director training, and advice on condo issues of the day by participating legal experts. CCI provides an online magazine, podcasts and videos for continuing education.

Condovoice Spring 2020

The Canadian Condominium Institute is an independent, non-profit organization formed in 1982 with chapters throughout Canada, including a very active Toronto Chapter. Source: © 2020 CCI Toronto and Area Chapter

Feature Podcast – Amended Condo Act: Two Years Later (5:49)

Delve into the CCI Podcast Library .

Feature Video – Mental Health Myths  (1:35:08)

The CCI National Video Library and CCI Toronto Video Library are open for visitors 24/7. 

Owner / Director Training

Condominium Authority of Ontario

“The CAO Director Training Program is provided online and free-of charge, and is also available to condominium owners, residents, managers and the broader condominium community. Feedback on the training has been very positive, with an average of 88% of survey respondents reporting very high satisfaction and over 95% would recommend the training. The CAO’s Director Training Program consists of 21 short e-modules covering important topics that are relevant to condo board directors.  The online modules are short, easy to follow, and include knowledge checks that provide multiple opportunities to answer correctly before moving on to new content. There is no pass/fail exam.” Source: © The Condominium Authority of Ontario (CAO)

Condominium Law Courses

The courses below may be the first of four exams required by ACMO – The Association of Condominium Managers of Ontario for licensing of condominium managers. Although a board director is not required to take a course of this type, it is an optional upgrade for any condo owner.    Centennial College – Part Time Learning  |   Conestoga College – Continuing Education       |  Confederation College  |   Fanshawe College  |   George Brown College – Continuing Education        |  Georgian College – Continuing Education  |   Niagara College Canada – Part-Time Studies   |    Sheridan College – Continuing and Professional Studies  |   Sir Sandford Fleming College – Continuing Education

Don’t let procrastination, hesitation or fear stop you from growing a comprehensive understanding of your condominium community and how to participate. Surely your property investment and lifestyle matters more than just an afterthought, right?

Helpful Links

Condominium Law Practices Chit-Chat – Qtr1/20  < >  Condominium Law Practices Chit-Chat – Qtr2/20

Condominium Real Estate Data – Qtr4/19   < >  Condominium Real Estate Data – Qtr1/20

Condominium Real Estate Governance – Qtr1/20  < >  Condominium Real Estate Governance – Qtr2/20

Condominium Real Estate Life – Qtr1/20  < >  Condominium Real Estate Life – Qtr3/20

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