Who sets the educational standards for condominium managers?

The correct choice is the CMRAO, which stands for the Condominium Management Regulatory Authority of Ontario. This organization was established under the Condominium Management Services Act and is responsible for regulating the condominium management sector within Ontario. Among its key duties, CMRAO sets the educational standards that individuals must meet to be licensed as condominium managers.

By establishing specific educational requirements, CMRAO ensures that condominium managers have the necessary knowledge and skills to effectively manage condominium properties, which include understanding relevant legislation, financial management, maintenance responsibilities, and communication with condominium boards and owners. This regulatory framework helps maintain a standard of professionalism within the industry, ultimately benefiting both condominium managers and the communities they serve.

In contrast, the other options listed—Condominium Associations, Real Estate Boards, and Insurance Regulators—do not have the scope or authority to define the educational standards specifically for condominium managers. While they might play roles in related sectors or provide resources, they do not directly govern licensing or educational criteria for condominium management.