A designated community association manager ("DCAM") must be a licensed community association manager. No community association manager may be the DCAM for more than one community association management firm, and the firm must only have one DCAM.
A DCAM must: (1)Have an ownership interest in or is employed by a community association management firm to act as a controlling person; and
(2)Be the authorized signatory for the firm on community association accounts; and (3)Supervise, manage, and be responsible for the firm's community association manager activities.
The DCAM is responsible for managing and supervising all licensed and unlicensed employees acting on behalf of a community association management firm.
"Supervision" includes: (1)Implementing and communicating office policies and procedures; (2)Training of licensees and unlicensed employees; (3)Supervising those association accounts over which the Community Association Management Firm has delegated responsibility to the DCAM;
(4)Supervising all advertising or any community association management service; (5)Training licensees on the requirements of federal, State, and local laws relating to the practice of community association management; and
(6)Overseeing compliance with the Rules by licensees and offices under their supervision. (Section 1445.110)
Beginning with the renewal period ending each Community Association Manager must complete of continuing education ("CE") for each renewal period.
CE credit may be earned for verified attendance at or participation in a course offered by an approved CE sponsor that is as follows: (1)Community Association Managers International Certification Board ("CAMICB"); (2)Community Associations Institute ("CAI"); (3)Apartment Building Owners and Managers Association ("ABOMA"); (4)Institute of Real Estate Managers ("IREM"); (5)Association of Condominium, Townhouse and Homeowners Associations ("ACTHA"); (6)Any Illinois-accredited school, college, or university; and (7)Any Illinois-approved education sponsor offering courses relating to the curriculum set forth in the Rule.
Courses may be offered through distance education, an interactive delivery method, or a webinar. (Section 1445.200)
16 | COMMON INTEREST® • Fall 2023 • A Publication of CAI-Illinois Chapter
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