Application requirements
 11. (1) For the purposes of subsections 37 (1) and 40 (1) of the Act, the following requirements are prescribed for an applicant for a general licence, subject to subsections (2) to (5) of this section: 1. The applicant must hold a limited licence. 2. The applicant must have successfully completed the educational and examination requirements, if any, for the licence specified under section 5 of this Regulation within the five years before making the application, subject to subsection (3) of this section. 3. The applicant must have obtained at least two years of work experience that meets the requirements of subsection (4) under the supervision of one or more supervising licensees within the five years before making the application. 4. The application must contain a statement that the applicant and the applicant’s supervisors certify, in the form approved by the registrar, that the applicant has obtained the work experience described in paragraph 3. 5. If the applicant intends to carry on business from a dwelling, the applicant shall have made arrangements satisfactory to the registrar to give the registrar access to the applicant’s business records when licensed. (2) An applicant is exempt from the requirements set out in paragraphs 1 to 4 of subsection (1) if the applicant holds a deemed transitional general licence and, before the day section 34 of the Act comes into force, (a) has successfully completed the examination that the Association of Condominium Managers of Ontario requires for the applicant to qualify for its designation as a Registered Condominium Manager; or (b) has successfully completed all of the following courses developed by the Association of Condominium Managers of Ontario and entitled as follows or, instead of any of those courses, the applicable challenge examination developed by the Association, (i) Condominium Law, (ii) Physical Building Management, (iii) Financial Planning for Condominium Managers, and (iv) Condominium Administration and Human Relations. (2.1) An applicant is exempt from the requirements set out in paragraphs 1, 3 and 4 of subsection (1) if the applicant was licensed as a general licensee under a licence that has expired within the two years before making the application. O. Reg. 380/17, s. 5. (2.2) If an applicant was licensed as a general licensee under a licence that has expired within the two years before making the application, the registrar may exempt the applicant from paragraph 2 of subsection (1), and may impose conditions on the exemption. O. Reg. 380/17, s. 5. (3) For the purposes of paragraph 2 of subsection (1), the registrar may recognize any of the following as equivalent to successfully completing some or all of the requirements specified under section 5: 1. The prior successful completion by the applicant of programs of study, training programs, internship programs, apprenticeship programs, courses, seminars, lectures or tutorials. 2. The prior successful completion by the applicant of examinations or tests. 3. The prior work experience of the applicant. (4) For the purposes of paragraph 3 of subsection (1), the applicant must have, (a) planned and participated in meetings of the board of directors of a client; (b) planned and participated in meetings of owners, including at least one annual general meeting within the meaning of the Condominium Act, 1998; (c) participated in preparing a budget for a condominium corporation that the applicant has presented to the board of directors of a client; (d) interpreted financial statements for a client prepared under section 66 of the Condominium Act, 1998 and presented them to the board of directors of the client; (e) prepared and presented reports to the board of directors of a client; and (f) overseen the maintenance or repair of units, common elements within the meaning of the Condominium Act, 1998 or client assets, if any. (5) If the applicant held a deemed limited licence at any time in the five years before making the application, the following shall count towards the experience required under paragraph 3 of subsection (1): 1. The experience described in clause 9 (1) (a) that the applicant acquired before the day section 34 of the Act came into force, even if the individual was not supervised as described in paragraph 1 of subsection 10 (1) of this Regulation. 2. The experience that the applicant acquires in providing condominium management services to a client from the day section 34 of the Act comes into force until the day of making the application. (6) For the purposes of subsection 39 (1) of the Act, the following requirements are prescribed for an applicant for a general licence: 1. The application must meet the requirements set out in clauses 4 (1) (a), (b), (c) and (d) of this Regulation. 2. The applicant must have paid the fee described in clause 4 (1) (e) of this Regulation. (7) For the purposes of subsections 37 (1) and 40 (1) of the Act, the following requirements are prescribed for an applicant for renewal of a general licence: 1. The applicant must have successfully completed the continuing educational and examination requirements, if any, for the licence specified under section 5 of this Regulation. 2. If the applicant intends to carry on business from a dwelling, the applicant shall have made arrangements satisfactory to the registrar to give the registrar access to the licensee’s business records. (8) For the purposes of subsection 39 (1) of the Act, the following requirements are prescribed for an applicant for renewal of a general licence: 1. The application must meet the requirements set out in clauses 4 (2) (a) and (b) of this Regulation. 2. The applicant has paid the fee described in clause 4 (2) (c) of this Regulation.