Which legislation governs 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 legislation that governs condominium management in Ontario is the Condominium Management Services Act (CMSA), 2015. This act was specifically designed to regulate the management of condominiums and to provide a framework for the governance and operation of condominium corporations in the province.

The CMSA, 2015 establishes requirements for condominium managers, outlines their duties and responsibilities, and sets standards for their conduct. This includes the need for condominium managers to be licensed, which is aimed at ensuring that individuals managing condominium properties have the necessary training and knowledge to effectively handle the complexities of condominium management.

In contrast, the other options pertain to different areas of law that do not specifically address the governance of condominium management. The Ontario Real Estate Act primarily deals with the regulation of real estate professionals and transactions. The Condominium Governance Act, while related to condominiums, does not exist as a standalone piece of legislation governing condominium management. The Business Corporations Act governs the formation and operation of corporations in Ontario, which may include condominium corporations but does not address the specific management of condominiums directly.

Therefore, among the choices, the CMSA, 2015 is the correct answer as it is the specific legislation tailored to the condominium management framework in Ontario.

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