The CMRAO stands for Condominium Management Regulatory Authority of Ontario. The CMRAO is a regulatory body created through provincial legislation. The CMRAO is a not-for-profit Corporation and is paid for by the licensing fees collected from Condominium Management providers, and Condominium Managers.
For Board Members
Board of Directors: How to Conduct an Effective Board Meeting
Goal # 1: At the beginning of the year it’s a good idea to set and agree upon a guideline for when the meetings will happen each month. This allows each Director to plan accordingly. Example: The last Wednesday of each month.
Goal # 2: If a Director cannot attend, they should always notify the Manager or a fellow Director of their regrets prior to the meeting.
What is the role of the Condominium Property Manager?
This is a very good question. A Condominium Property Manager wears so many hats in their role, that sometimes the official job description can become blurred. No two days are the same in the Management Office.
How to Handle the Resignation of a Board Member
A Condominium Board is typically comprised of three or more Directors; most commonly five Directors. When it comes to Condominium Boards, it’s inevitable that there may come a time when a Director gives their resignation prior to their term expiring. There may be any number of reasons why a Director may give their resignation, right from new time constrictions to irreconcilable differences with one or more of the other Directors.
The Board of Directors Roles & Responsibilities
General Roles and Responsibilities of The Board of Directors