Foundational Director Training Modules
This training is mandatory for directors but open to anyone who is interested at no additional cost.
Foundational Director Training Modules
The learning path’s six parts are:
Module 1: The Fundamentals of Condominium Corporations
Specific learning objectives:
- Describe what condominiums are
- Describe how condominiums are created
- Describe how condominiums are run
Module 2: The Legal Framework Governing Condominiums
Specific learning objectives:
- Describe the purpose of the Condominium Act, 1998, Declarations, by-laws, rules, and policies
- Describe how these documents govern condominiums
- Describe how these documents are amended
- Identify other pieces of legislation that affect how condominiums are run
Module 3: The Role of Directors &Their Key Responsibilities
Specific learning objectives:
- Describe the role of a director
- Explain the statutory obligations and corporate governance principles that guide directors
Module 4: Effective Leadership: Creating Strong Condominium Communities
Specific learning objectives:
- Maintain healthy relationships with owners, residents, board members, and condominium managers
- Identify strategies for engaging owners and residents
- Foster positive outcomes when issues or conflicts arise
Module 5: Board Meetings and Owners’ Meetings
Specific learning objectives:
- Describe directors’ roles and responsibilities with respect to board meetings and meetings for owners
- Describe the general rules of conduct for directors at board meetings
- Describe the board’s legal obligations when conducting owners’ meetings
Module 6: Requisitioned Meetings
Specific learning objectives:
- Define a requisitioned meeting of owners
- Describe the various procedures and obligations related to calling a requisitioned meeting of owners
Module 7: Best Practices for Conducting Owners’ Meetings
Specific learning objectives:
- Describe best practices with respect to conducting owners’ meetings
- Understand what the Condominium Act, 1998 requires in conducting owners’ meetings
Module 8: Obligations Regarding Corporate Records
Specific learning objectives:
- Describe the types of corporate records that the condominium must keep
- Describe the requirements related to the retention periods for corporate records
- Describe the process, timing and costs for providing access to corporate records
Module 9: Financial Fundamentals
Specific learning objectives:
- Describe financial fundamentals for a condominium corporation
- Describe the board’s obligations in overseeing the finances of the condominium on behalf of all owners
Module 10: Reserve Funds and Reserve Fund Studies
Specific learning objectives:
- Describe the responsibilities of a condo director in obtaining a reserve fund study
- Take the necessary steps to establish a plan for maintaining an adequate reserve fund balance
Module 11: Auditors and Annual Statements
Specific learning objectives:
- Understand the value and purpose of an audit
- Describe who can be appointed as an auditor & their role
- Understand an auditor’s obligations to owners, including the information that should be provided in financial statements and auditor’s reports
Module 12: Collection & Liens
Specific learning objectives:
- Describe the processes available to condominiums to ensure that all owners pay their share of common expenses
- Describe the collections and lien process
Module 13: Insurance
Specific learning objectives:
- Describe the types of insurance that a condominium must maintain
- Understand how insurance claim payments must be used
- Identify the board’s obligations to provide insurance information to owners
Module 14: Modifications to the Common Elements
Specific learning objectives:
- Describe the process to be followed by a condominium when it wishes to make modifications to the common elements
- Describe the process to be followed by unit owners who wish to make modifications to the common elements within or near their units
Module 15: Repair and Maintenance
Specific learning objectives:
- Describe sections 89 to 92 of the Condominium Act, 1998 related to Repair and Maintenance of the condominium
- Describe the obligations of unit owners and the condominium to repair and maintain the common elements and units in the condominium
- Know where to find information on responsibility for repair and maintenance of a condominium
Module 16: Procurement Processes and Best Practices
Specific learning objectives:
- Describe the reasons why procurement processes are important for the condominium
- Identify procurement best practices for:
- One-off, major contracts
- One-off, minor contracts
- On-going contracts
Module 17: Information Certificates
Specific learning objectives:
- Describe the board’s obligations regarding information certificates
- Describe the purposes of the different information certificates
- Describe the requirements for providing information certificates to owners
Module 18: Status Certificates
Specific learning objectives:
- Describe what a status certificate is
- Describe the purpose of a status certificate
- Describe the process and requirements related to a request for a status certificate
Module 19: The Condominium Authority of Ontario
Specific learning objectives:
- Describe the purpose of the CAO
- Describe condominium registration and annual returns
- Describe director training and issue resolution services
Module 20: The Condo Authority Tribunal
Specific learning objectives:
- Describe the services of the Condominium Authority Tribunal (CAT)
- Identify the scope of disputes which can be brought before the CAT
- Define what users need to know about using the Cat’s services
Module 21: Understanding Condominium Management
Specific learning objectives:
- Describe the role of the Condominium Management Regulatory Authority of Ontario
- Describe the licensing requirements for condominium management firms and managers
- Define condominium management services and options available to condominiums