Condominium Managers Welcome Increased Regulation

TORONTO, July 18, 2013 /CNW/ - The Association of Condominium Managers of Ontario applauds the Ontario Government's decision to increase protection for condominium owners.

The Minister of Consumer Services Tracy MacCharles today announced the Ontario Government is moving forward with mandatory qualifications for condominium managers.

"This will bring added security for the province's 1.3 million condominium owners," says the President of the Association of Condominium Managers of Ontario (ACMO), Steven Christodoulou, RCM.

The proposal for mandatory qualifications is the first change flowing from the review of Ontario's Condominium Act. Half of all new homes currently being built are condominiums, and the Ontario Government is bringing The Condominium Act, which was passed in 1998, up to date.

"We are pleased the government recognizes the importance of regulating the condominium manager profession," says Christodoulou. "It was a key recommendation made by ACMO and the working group assisting in the review of the Condominium Act."

The Association of Condominium Managers of Ontario Email: [email protected]  Tel: [phone]

The Association of Condominium Managers of Ontario (ACMO) has been focused on the quality of condominium management since 1977. It has a membership of more than 1000 professionals with extensive knowledge of the condominium industry.

Image with caption: "Condominium Managers Welcome Increased Regulation (CNW Group/Association of Condominium Managers of Ontario (ACMO))". Image available at: http://photos.newswire.ca/images/download/20130718_C8331_PHOTO_EN_29114.jpg

SOURCE: Association of Condominium Managers of Ontario (ACMO)

Dean McCabe, RCM, Past President of The Association of Condominium Managers of Ontario (ACMO)
Email: [email protected]
M: [phone]    W: [phone]