Property Management Foundations
This program is listed under the following fields of study:
The business and real estate industries are expected to grow due to the needs of a growing population and business expansions. Property managers are responsible to operate real estate property, usually on behalf of the owner. As such, they often fill the role of liaison between a variety of stakeholders including the owners, tenants, staff and service providers. Learners gain the practical training and knowledge required to manage private residential rental properties focusing on key functional areas. Learners develop communication and client service skills, as well as an understanding of key concepts in property management and the use of applicable legislation.
This program is of interest to those seeking an entry-level position in residential property management or to individuals currently employed in the field seeking formal training.
To qualify for this certificate, you must complete the program within three years.
Fees & Expenses
Fees for part-time programs are charged on a course-by-course basis and are published on each individual course page. For questions related to fees, please call the Registrar's Office at 613-727-0002.
Once you have completed all the courses in the program, it is the responsibility of the student to contact the Registrar's Office to obtain a certificate/diploma application. A graduation fee of $40 will be charged when the application is submitted. When your certificate/diploma application has been approved, you will be invited to Spring or Fall Convocation.
- Ontario Secondary School Diploma (OSSD) or equivalent; OR
- Mature Student status (19 years of age or older without an OSSD).
No application process is required for the part-time delivery of this program. Students may register on a course by course basis.
For more information, please contact OL@algonquincollege.com or call 613-727-4723, ext. 3330 or toll-free 1-888-684-4444.
Online: On campus:
|CAL0001||48.0||Building and Maintaining Customer Relationships|
|ENL5012||45.0||Business Writing Strategies|
|MGT0064||45.0||Property Management and Administration I|
|ACC2310||45.0||Accounting Concepts I|
|ACC0009||18.0||Accounting Software for Property Managers|
|LAW5055||42.0||Landlord and Tenant Law|
CAL0001 Building and Maintaining Customer Relationships
Students develop an understanding of customer service and the skills associated with understanding the needs of customers, meeting those needs and fostering an environment that encourages customers to return. The course is of interest to anyone who works with customers, either internal or external, on a daily basis.
ENL5012 Business Writing Strategies
Students develop practical writing skills using technology for successful communication in business. They learn how to compose business correspondence including emails, memoranda, letters, and reports, with a focus on routine, persuasive and negative messages. A review of grammar and mechanics is included.
MGT0064 Property Management and Administration I
Students learn the obligations and techniques of property managers concerning building owners, tenants, employees, contractors and repair personnel, building maintenance and in-unit repairs. They also gain expertise in contracting, purchasing, energy conservation and supply, inventory and risk management.
Co-requisites: CAL0001 or ENL5012
ACC2310 Accounting Concepts I
An introduction to financial accounting is provided. Emphasis is on what accounting information is, understanding the accounting cycle, recording transactions, and the preparation and analysis of financial statements. Students need a minimum grade of C in this course in order to choose Accounting as a Major or with program coordinator approval.
ACC0009 Accounting Software for Property Managers
Through exposure to a commonly used property management accounting software system, students apply software skills in preparing accounts payable, accounts receivable, monthly operating statements, year-to-date statements and year-end statements. They also learn the basics of preparing financial statements for rental properties, as well as what accounting reports are required by a typical property management contract and how to interpret them.
LAW5055 Landlord and Tenant Law
The legal relationship between landlords and tenants, the legislation that governs rental housing and the rights, procedures and remedies of the parties involved in a tribunal application proceeding under the Residential Tenancies Act are examined. Rationale: An understanding of the concepts and procedures involved for a landlord and a tenant, as well as a detailed study of the Residential Tenancies Act and related legislation are provided. Students study the rules and procedures governing the Landlord and Tenant Board. Students are prepared for careers as professionals in the property management business. RATIONALE: As individual home ownership of a detached dwelling moves out of financial reach for many people in our society, rental ownership may be the only way these individuals can afford a home. An understanding of the concepts and procedures involved for a landlord and a tenant and a detailed study of the Tenant Protection Act and related legislation are provided. Also provided is a study of the Ontario Rental Housing Tribunal and the rules and procedures governing the Tribunal.