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With major transformations hitting Quebec’s residential property scene, Æ»¹ûÒùԺ’s School of Continuing Studies is launching a newly revised and updatedÌýProfessional Development Certificate in Residential and Condominium Property ManagementÌýto reflect these new realities.ÌýÌýÌýÌý

In June 2018, the Quebec government adopted Bill 141 which brought about sweeping changes to the Civil Code regarding the management of condominiums in the province leaving condo associations, owners, and managers with complex new responsibilities. The province’s aging infrastructure, new rules regarding the sustainability of renovations, and recent laws passed to regulate short-term rentals (Airbnb) have also complexified matters for residential property owners and managers. Additionally, as developers in Quebec continue to build mixed-use properties—a combination of owned condos, rented units and commercial spaces, all of which are governed by different types of rules— property managers are now faced with a myriad of new challenges.ÌýÌý

In response to these complex market changes, the updated Æ»¹ûÒùÔº program has been designed to equip participants with the specialized knowledge needed to manage the many intricate facets of current residential properties and condominiums. With increased focus on managing rental units and mixed-use properties, this non-credit program also trains property managers in the latest best practices to help maximize the value of the buildings they manage, including increasing energy efficiency, creating new revenue streams beyond rent, and helping building owners take advantage of new tax credits available in the province.ÌýÌý

“The complex field of residential property management requires expertise beyond traditional business education, reflecting Quebec's realities our bilingual professional development program aims to prepare qualified property managers"Ìýexplains Inna Popova, Director of Non-Credit Career and Professional Development, Programs at Æ»¹ûÒùԺ’s School of Continuing Studies.ÌýÌý

Taught by industry practitioners who bridge the gap between theory and practice, the courses are held in the evening and on weekends to fit the busy schedule of real estate professionals and cover such topics as:Ìý

• ResidentialÌýpropertyÌýmanagement andÌýadministrationÌý
• ResidentialÌýpropertyÌýfinance andÌýaccountingÌýÌý
• ResidentialÌýbuildingÌýsystems andÌýmaintenanceÌýmanagementÌý
• Fundamentals ofÌýcondominiumÌýand propertyÌýlaw inÌýQuebecÌý
• Practical aspects of condominium ManagementÌýÌý

One of the program’s unique features is its bilingual format; someÌýcourses are held in French with others in English, but all course material is provided in both languages. Participants can communicate with instructors and submit their written assignments in French or English.ÌýÌý

The first cohort of the program will launch this May, with a course in French entitledÌýFondementsÌýdu droit deÌýl’immobilierÌýet de laÌýcopropriétéÌýau QuébecÌý(Fundamentals of Condominium & Property Law in Quebec). Details of the program can be found atÌý/scs-propertyÌýÌý

Official Launch Event: The New Reality of Residential Property in Quebec

To officially kick off the program, the Æ»¹ûÒùÔº School of Continuing Studies will be hosting a Lunch and Learn with special guest speaker Léa Couture-Thériault, a Montreal real estate attorney who will be presenting the ins and outs of the new regulations and providing attendees with clarity on the new responsibilities of condo managers and associations. The event will take place on March 19, from noon to 2 p.m. at the Æ»¹ûÒùÔº Executive Institute. For details and registration, visitÌýmcgill.ca/scs-coproprieteÌý

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