By training and personality, your condo manager is a skilled organizer. By government regulation, the manager is a trained professional — having studied for, and passed, a set of carefully developed courses and exams. Your manager is required, and willing, to take continuing training.
Are you ready to write the RCM Exam? Being eligible to write the exam and going on to successfully pass the exam are two different things. The average passing rate for the RCM exam over the past two years has been 66%; that means that only 66% of the candidates writing any RCM exam have passed. You may write the exam a total of three times, but how can you prepare to ensure success the first time you write?
A condominium property cannot survive without the contributions of the trades and professionals that provide valuable services to the province's corporations on a daily basis.
Repairs, retrofits, renovations, reserve funds, maintenance fees. Our industry experts weigh in on financial issues that are the bane of condominiums.
How do managers handle petty cash. Here are some tips to help you control this cash fund.
Feature || Pierre Sauve, Ryan Griffiths
A condominium corporation with major repair or remediation needs and not enough Reserve Funds is faced with difficult decisions. Here are some of the important questions the board should consider if faced with the tough choice between special assessment, loan or deferral:
Since its launch in 1999, the ACMO 2000 Certification program has become the recognized standard to measure condominium management companies for their commitment to follow and adhere to a strict set of service standards – not found anywhere else in the condominium industry.
Effective communications is an excellent starting point when managers and their boards tackle preparation of the yearly budget.
What happens when a condominium manager becomes a condominium owner?
Conflict resolution can cost money. Sometimes lots of it. Learn how to be smarter with your financial outlay.
It may seem like a daunting task, but there are workable solutions to help a corporation recover from an operating deficit.
Feature || Steven Christodoulou
New managers and those with long-standing credentials have the same end goal: to provide tangible value to their client boards.
When faced with an owner request for complicated in-suite renovations, do you know how to proceed?
The steps to earn your RCM Designation depend upon the number of years of experience you have as a condominium property manager in Ontario. Experience for the RCM is defined on the second page of the RCM Designation application.
There have been a lot of changes in the world of condominiums this year, with reforms to the Condominium Act, the Condominium Management Services Act, the new Condominium Authority of Ontario (CAO) and the Condominium Regulatory Authority of Ontario (CMRAO).
