Course Outline:
Topics covered in this course will include:
Getting Started
• Condominium Terminology
• History of Condominiums
• Types of Condominiums
Director Responsibilities
• The Act, Declaration, By-Laws, Rules and Policies
• Enforcement of Governing Documents
• Meetings
• Owner Expectations, Communications and Complaints
Property Management
• Self-Management
• Property Management Contracts
• Best Practices of Governance
• Responsibilities and the Board’s Role
Planning, Financial and Other Responsibilities
• The Annual Plan
• Money and Banking
• Cheque Signing
• Financial Statements
• Status Certificates
• Reserve Funds
• Insurance
• Legislation Affecting Condominiums