What is the primary legislation governing ethical conduct in condominium management?

The primary legislation governing ethical conduct in condominium management is the Condominium Management Services Act. This Act specifically addresses the licensing and regulation of condominium management services, ensuring that those who manage condominiums operate with integrity and adhere to standards of professionalism. It sets out the obligations of condominium managers, including requirements for ethical behavior and accountability in their dealings with condominium corporations and owners.

The significance of this Act lies in its role in promoting ethical standards and protecting the interests of all stakeholders involved in condominium management. By establishing a clear framework for ethical conduct, the Act helps to enhance trust and professionalism in the industry.

On the other hand, while the Condominium Development Act may deal with the establishment and development of condominium properties, it does not primarily focus on the ethical conduct of management services. The Property Management Licensing Act is also concerned with broader property management practices and does not specifically target condominium management ethics. The Housing Regulation Act addresses different aspects of housing regulation and does not pertain directly to condominium management ethics. Thus, the Condominium Management Services Act is the correct answer as it is specifically designed to regulate ethical conduct in this field.