Condo Owners Association COA

Tuesday, 18 December 2012 21:27

Sign the Petition

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Licensing Property Management Firms & Property Managers


PLEASE SIGN THIS PETITION

Government MUST License & Regulate Property Management/Managers NOT ACMO | Online Petition

The Condo Owners Association was formed to represent Condo Owners and advocate for their rights.

 

It is very common for some Boards to rely on information and/or even recommendations they receive from their Property Manager which may prevent Condo Owners from exercising their rights ie. compromising proxy forms, withholding the records of the Corporation and many times ignore Owners requests.


The Ministry of Consumer Services have recognized an overwhelming numbers of complaints from Condo Owners as a direct result of the actions of the Board of Directors and Property Managers plus Property Management Firms.   It is imperative that the new condo Act has strict Governance and Provincial Licensing for Property Managements companies and Property Managers with accompanying educational courses and accreditation.  COA has suggested a similar style to the Real Estate Council of Ontario and under a similar Act to the Real Estate Business Brokers Act.   The Government restrictions should provide a more protection infrastructure to ensure a better situation than we have today.

 

The Association of Condominium Managers of Ontario (ACMO) which is a self-governed Association is advocating for the authority to license Property Managers which would be a DIRECT CONFLICT OF INTEREST and again compromises Condominium Owners and Condo Corporations.   ACMO has protected the interest and rights of Property Managers since 1977 and maintain a direct relationship with Board of Directors because the Board approves and signs their contracts.  These contracts are substantial  ie.  300 suite building equates to $150,000 upwards

 

The Ministry has already identified numerous complaints from disgruntled Owners.  Our Provincial Government needs to take full responsibility to protect Condo Owners by being the regulatory body who provides licensing, courses and accreditations for Property  Management firms and Property Managers.   This responsibility cannot be placed in the hands of ACMO.  Please consider that if ACMO has been around for 33 years working directly with Board of Directors and Condominiums; how come it took so long for Condo Act reform and protection needs for Condo Owners.   Our Provincial Government has to intervene as the Regulatory Body!


Please sign the petition and help us to DO IT RIGHT!!

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Read 26458 times Last modified on Monday, 03 March 2014 17:26
Linda Pinizzotto

Linda is the Founder & President of the Condo Owners Association (COA). Linda is very active in the community and has been a Realtor for over thirty years.