CAMICB Modifies CMCA candidate Eligibility
Decision prompted by changes to Colorado CAM licensing program
Colorado is one of nine states that have taken steps to regulate the community association management profession. However, Colorado Governor Jared Polis recently vetoed the bill that would have extended the Community Association Management Licensing Program until September 1, 2020. Not extended the regime means the licensing program ended July 1. Licenses are no longer required to manage community associations in the state of Colorado.
At its May Board of Commissioners meeting, CAMICB approved the Colorado License as a prerequisite waiver to apply, and sit for, the CMCA examination until July 1, 2020. While the CO license is inactive in the state, CAMICB will accept evidence of the license in good standing as of July 1, 2019, as a fulfillment of the CMCA prerequisite requirement until July 1, 2020.
Managers who opted not to take the Community Associations Institute (CAI) M-100: Essentials of Community Association Management course work on their pathway to licensure, now have another way to establish eligibility to sit for the CMCA exam. Keep in mind – the M-100 remains an approved prerequisite requirement.
An Internationally-Recognized Credential
A knowledgeable and committed community manager holds the internationally-recognized CMCA credential. Board members, trustees, or volunteer leaders working with community associations or cooperatives, have fiduciary responsibilities that obligate them to make decisions that may have a profound financial and social impact on their communities. CMCAs provide professional and accurate advice and guidance on issues such as reserves, maintenance, insurance, budgets, governance, contracts, the law, and rules enforcement that can mean the difference between prosperity and chaos. And, they have a proven and solid understanding of the business operations involved in being a community association manager, including:
- Contracting,
- Customer service,
- Ethics,
- Financial management,
- Facilities maintenance,
- Governance,
- Human resources,
- Insurance; and,
- Legal and reserve funding.
CMCAs must comply with continuing education requirements in order to maintain their credential. This is done through the process of recertification and is the cornerstone of best practices in the credentialing industry. Finally, due to the importance of community association managers' professional responsibilities, CMCA’s must adhere to very high Standards of Professional Conduct, which govern their professional activities.
CMCAs’ deep knowledge-base, commitment to professional development, and desire to maintaining high standards is what sets them apart from non-credentialed managers.
For more background on the Colorado Licensing program, please visit
CAMICB.org.
By Matthew Green, CAMICB Director of Credentialing Services.