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Micro-credential in Residential Property Regulations and Financial Management
The Micro-credential in Residential Property Regulations and Financial Management is designed to equip learners with the knowledge and skills required to manage legal and financial aspects of residential property management. Participants will gain a comprehensive understanding of the underlying legal, financial, and accounting frameworks. The micro-credential is fully bilingual, with one course delivered in English and another one in French.
This micro-credential will help you gain hands-on experience and skills to set you apart in the field. Upon successful completion, you will receive a Digital Badge and an Attestation of Completion.
A successful completion of this micro-credential will qualify learners to earn eligible CEUs toward the Professional Development Certificate in Residential and Condominium Property Management.
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ag.scs [at] mcgill.ca
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Course 1
YCBS 100 Residential Property Finance and Accounting / Finance et comptabilité des propriétés résidentielles (5 CEUs) (EN)
Management of all financial and accounting aspects of a residential property and condominium in order to ensure their sustainability. Topics covered include budgeting, preparation of financial statements, negotiation with suppliers, collection, financing of a contingency and self-insurance fund, cash-flow planning, preparation for audit, taxation and investments.
Course 2
YCBS 102 Fondements du droit de l’immobilier et de la copropriété au Québec / Fundamentals of Condominium & Property Law in Quebec (5 CEUs) (FR)
The main legal principles contained in the Civil Code of Quebec and other legal frameworks governing residential and co-ownership properties. The various frameworks and the minimum obligations of the various parties and identifying possible actions when required.
Who Should Attend
This micro-credential is relevant for property managers, administrators of self-managed condominiums, and residential real estate investors, or professionals interested in legal and financial aspects of property management. Applicant must be 18 years of age or older.
Learning Outcomes
Upon completion of this micro-credential, participants should be able to:
- Understand the main legal principles contained in the Civil Code of Quebec and other legal frameworks governing residential and co-ownership properties
- Understand the financial and accounting aspects, such as budgeting, preparation of financial statements, negotiation with suppliers, collection, financing of a contingency and self-insurance fund, cash-flow planning, preparation for audit, taxation and investments) of a residential property and condominium in order to ensure their sustainability