What is a primary goal of the CMRAO in the condominium management sector?

The goal of the CMRAO (Condominium Management Regulatory Authority of Ontario) focuses significantly on integrity enhancement within the condominium management sector. This involves ensuring that condominium managers adhere to a high standard of ethical behavior and professionalism. By prioritizing integrity, the CMRAO aims to foster trust among stakeholders, including condominium owners, residents, and management companies. This is vital in building a transparent and accountable environment in the management of condominiums.

While financial stability, crisis management, and client satisfaction are important aspects of running a successful condominium management operation, they stem from the foundation of integrity. When integrity is emphasized, it leads to better practices that naturally enhance overall financial health, effectively manage crises, and improve customer satisfaction. Thus, integrity enhancement stands out as a primary goal that underpins the sector's functionality and reputation.