What is the regulatory body responsible for condominium management in Ontario?

Prepare for the Ontario Condominium Management License Test with flashcards and multiple choice questions, each equipped with hints and explanations. Get ready for success!

The regulatory body responsible for condominium management in Ontario is the Condominium Management Regulatory Authority of Ontario (CMRAO). Established under the Condominium Management Services Act, the CMRAO governs and regulates the conduct of condominium managers, ensuring they meet the required standards and adhere to the laws affecting condominium management. This organization is tasked with licensing, education, and enforcement in the field of condominium management, providing oversight to help protect the interests of owners within Ontario's condominium communities.

The other options do not serve this regulatory function. The Ontario Condominium Authority primarily focuses on providing information and assistance to condominium owners and boards rather than regulating management practices. The Condominium Governance Board does not exist as a formal entity responsible for regulation, and the Property Management Association is more of an industry association that supports property managers rather than acting as a regulatory body for condominium management specifically. This clarification underlines CMRAO's unique role in ensuring the professional standards of condominium management in Ontario.

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