MPSAXM - Management Plan Skills Assessment - REIC - The Real Estate Institute of Canada

MPSAXM- Management Plan Skills Assessment

The MPSAXM is designed to assess your knowledge of the concepts, technical skills, and processes involved in preparing, analyzing, and completing a property management plan following IREM standards. It is completed in a classroom setting and includes an exam component that requires responses to management scenarios based on a property type.

REIC, through its partnership with IREM, is pleased to be able to provide your online examination and access to the course material using IREM’s learning platform.

The MPSAXM begins with a two-day intensive review of key concepts in a virtual or in-person classroom setting. This is followed by an online four-hour complex multiple-choice and short answer questions exam which will evaluate your ability to conduct several real-world analyses and make recommendations across scenarios and property types.

It is strongly recommended that you fulfill the CPM® education requirements before completing the management plan requirement.
Please note: Taking FIN402, ASM600, and MPSAXM in consecutive order is strongly recommended.

REIC offers this course virtually.

Upcoming MPSAXM Dates

If no upcoming dates are listed, please check back often for course additions.

Course Content

Relationship Management

Evolution of common interest developments
Common needs vs. individual rights
Declarant/developer transition to management
Owner and manager duties and responsibilities
Working with boards
Motivating volunteers and employees

Governance

Governing documents
Document hierarchy
Amending documents
Parliamentary procedures
Meeting processes
Enforcement issues

Legal and Risk Management

Proper disclosure
Compliance issues and record retention
Managing risk
Insurance
IREM Code of Professional Ethics

Maintenance Management

Maintenance systems
Work orders
Inspections
Contractor negotiations
Oversight

Course Fees

Candidate Members:

$2025 plus tax