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Condominium Management

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Overview

Currently around the GTA, there are thousands of condominium buildings and conversions of older buildings into condominiums. The Condominium Management courses are a great way for professionals to begin a career in condominium management. Learn a solid hands-on foundation of the basics of condo management by studying law, condominium budgets, and administration of condo boards of directors, facilities employees and human resources.

Faculty delivering these courses are senior Industry members and RCMs designates as well as other experienced industry professionals.

Career Opportunities

Completing all four courses will equip students with the tools for potential future employment in the Residential Condominium Property Management field. It is recommended that students seek the RCM (Registered Condominium Manager) designation by completing the examination set by the Association of Condominium Managers of Ontario after the completion of the 4 compulsory courses.

Students must achieve a minimum grade of 60% to pass the RCM exam. This exam is administered by Association of Condominium Managers of Ontario.

Entry Requirements

Ontario Secondary School Diploma (OSSD) or equivalent OR 19 years of age or older.


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Courses

MGC101
Introduction to Condominium Law
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MGC101 covers all aspects of the law and documents that govern condominiums, with emphasis placed on the Condominium Act, 1998. Related governance documents, including Declarations, by-laws and rules will be covered as well as how and when to use lawyers and other professionals. You will learn how to discuss and explain documentation and find information. Other legislation affecting condominiums will also be discussed.




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MGC102
Physical Building Management
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MGC102 is designed to provide a working knowledge of condominium building systems and how to get the most economical life out of the building's common elements through good maintenance practices. Topics covered include: site, structure, building envelope, plumbing, mechanical, electrical, life safety, elevators, interior finishes.




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MGC103
Financial Planning Condominium Management
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MGC103 is designed to provide a thorough understanding of the financial management of condominium corporations. Topics covered include: the accounting process, financial administration, General Ledger and coding, Financial Statements, presenting FS to the Board, understanding and preparing budgets, Reserve Funds, the Audit, investing and borrowing. Knowledge of Excel and Word required.




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MGC104
Condominium Administration and Human Relation
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MGC104 is designed to provide the information, knowledge and skills required for effective day-to-day condominium management. Topics include: staff management, communication, conducting board meetings, contract management, organizing paper and time, and professionalism. Also included is the application of the Condominium Act and other legislation in day-to-day operations.




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Program Outcomes

  • You will learn about the physical, financial, human relations and legal aspects of residential condominium management.
  • Theory and examples of day-to-day problems and practices are blended so that you can apply this theories in the workplace.

Program Contacts

Belinda Becker
Program Assistant
Belinda.Becker@senecacollege.ca
416.491.5050 x22797


Emiliano Introcaso
Academic Program Manager
Emiliano.Introcaso@senecacollege.ca
416.491.5050 x24043