CMRAO is proposing the following annual fees for each class of licence:
Limited Licence: $379
Transitional General Licence: $607
Condominium Management Provider Licence: $799 base fee + $350 per licensee employed by the firm.
CMRAO is a not-for-profit corporation which will work in the public interest to license and regulate condo management professionals. Licensing fees are the primary source of revenue and must be collected to ensure that CMRAO has adequate resources to comply with the Act and achieve full recovery of all operating costs.