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Real Estate Abbreviations
Below are abbreviations that are used in the field of real estate.
Real Estate Forms and Documents
| Abbreviation | Description |
|---|---|
| ABAD | Affiliated Business Arrangement Disclosure |
| AC | Confirmation of Real Estate Agency Relationship |
| AD | Disclosure Regarding Real Estate Relationship |
| ADM | Addendum |
| AR | Appraisal Report |
| AS-1 | Seller’s Affidavit of Non-foreign Status and/or California Witholding Exemption |
| AVID | Agent Visual Inspection Disclosure |
| BCO | Buyer Counter Offer |
| BERSI | Buyer's Election Regarding Supplemental Investigations |
| BIA | Buyer’s Inspection Advisory |
| BIE | Buyer's Inspection Elections |
| BRE | Buyer Representation Agreement |
| CA | Commission Agreement |
| CBC | Cooperating Broker Compensation Agreement and Escrow Instruction |
| CDA | Commission Disbursement Authorization |
| CLUE | Comprehensive Loss Underwriting Exchange |
| CMD | Carbon Monoxide Detector Notice |
| CO | Counter Offer |
| COVER | Cover Sheet |
| COP | Contingency For Sale of Buyer’s Property |
| CR | Contingency Removal |
| DA | Disclosure and Consent for Representation of More Than One Buyer and Seller (replaced by PRBS) |
| DBD | Megan’s Law Database Disclosure |
| ETA | Extension of Time Addendum |
| FLD | Lead-Based Paint and Lead-Based Paint Hazards |
| FIRPTA | Foreign Investment in Real Property Tax Act |
| HID | For Your Protection: Get a Home Inspection |
| HUD-1 | Settlement Statement (defined by the department of Housing and Urban Development) |
| HOA 1 | Homeowner Association Information Request |
| LAD | Local Area Disclosure |
| LADSP | Local Area Disclosure for San Diego County |
| MCA | Market Conditions Advisory |
| NBP | Notice to Buyer to Perform |
| NHD | Natural Hazards Disclosure Statement |
| NHDS | Natural Hazards Disclosure Statement |
| NOD | Notice of Default |
| NSP | Notice to Seller to Perform |
| PRBS | Possible Representation of More Than One Buyer or Seller |
| Prelim | Preliminary Title Report |
| QS | Qualified Substitute Declaration of Possession of Transferor's Affidavit of Nonforeign Status |
| REO | REO Advisory |
| RCSD | Representative Capacity Signature Disclosure |
| RGM | Radon Gas and Mold Notice and Release Agreement |
| RPA | Residential Purchase Agreement |
| RFR | Receipt for Reports |
| RLA | Residential Listing Agreement |
| RLAS | Residential Lease After Sale |
| RR | Request for Repair |
| SBSA | Statewide Buyer and Seller Advisory |
| SPQ | Seller Property Questionnaire |
| SPT | Notice of Your Supplemental Property Tax Bill |
| SRCT | Salesperson Request for Commission Transfer |
| SA | Seller’s Advisory |
| SES | Seller’s Intent to Exchange Statement |
| SSA | Short Sale Addendum |
| SSD | Supplemental Statutory and Contractual Disclosures |
| TAL | Trust Advisory Listing |
| TDS | Real Estate Transfer Disclose Statement |
| TLA | Trust Listing Agreement |
| TSA | Trust Signature Addendum (replaced with RCSD) |
| VP | Verification of Property Condition |
| WCC | Water Conservation Certificate |
| WHSD | Water Heater and Smoke Detector Statement of Compliance |
| WPA | Wood Destroying Pest Inspection and Allocation of Cost Addendum (retired as of November 2014) |
Real Estate Terms
| Abbreviation | Description |
|---|---|
| ABR | Accredited Buyer Representative |
| ABRM | Accredited Buyer Representative Manager |
| ADA | Americans with Disabilities Act |
| ADF | Applicant Data Form (used to submit qualifications for RCE designation) |
| A.E. | Association Executive |
| AEC | Association Executive Committee |
| AEI | Association Executive Institute (NAR) |
| AHWD | At Home with Diversity Certification |
| ALC | Accredited Land Consultant |
| ALIS | Automated Legal Information System |
| AMP | Allied Marketing Products (REBS) |
| APN | Assessor's Parcel Number |
| AQMD | Air Quality Management District |
| ARELLO | Association of Real Estate License Law Officials |
| ARM | Adjustable Rate Mortgage |
| ARPM | Accredited Residential Property Manager |
| ASAE | American Society of Association Executives |
| BANANA | Build Absolutely Nothing Anywhere Near Anybody |
| BOD | Board of Directors |
| BRE | California Bureau of Real Estate |
| BORPAC | Board of REALTORS® Political Action Committee |
| CalBRE | California Bureau of Real Estate |
| C.A.R. | California Association of REALTORS® |
| C.A.R.H.A.F. | California Association of REALTORS® Housing Affordability Fund |
| CAE | Certified Association Executive |
| CAEU | California Association Executive Update |
| CAREB | California Association of Real Estate Brokers |
| CBR | Certified Buyer Representative |
| CBS | Call Before Showing |
| CCIM | Certified Commercial Investment Member |
| CFR | Campaign Finance Reform (rules/laws that impact PAC contributions) |
| CIPS | Certified International Property Specialist |
| CIREI | Commercial Investment Real Estate Institute |
| CMA | Competitive Market Analysis |
| COE | Close of Escrow |
| COE | REALTORS® Code of Ethics |
| CPI | Consumer Price Index |
| CPM | Certified Property Manager |
| CRB | Certified Real Estate Brokerage Manager |
| CRE | Counselor of Real Estate |
| CREA | Certified Real Estate Appraiser |
| CRS | Certified Residential Specialist |
| CRT | Center for Real Estate Technology (a division of NAR focused on technology products, programs and issues) |
| D&O | Directors & Officers insurance (another term used to describe professional liability insurance for Associations) |
| DR | Designated REALTOR® |
| DRE | Department of Real Estate |
| DRS | Dispute Resolution System |
| E&O | Errors and Omissions |
| EFT | Electronic Funds Transfer |
| EO | Executive Officer (defunct term for the CEO/EVP of a REALTOR® Association) |
| EMD | Earnest Money Eeposit |
| ePOE | e-Commerce Point of Entry (a status within NRDS allowing e-commerce capabilities for records) |
| ePRO | A technology certification provided by NAR |
| EVP | Executive Vice President (a staff title within an Association) |
| FAQ | Frequently Asked Questions |
| FDC | Federal District Coordinator |
| FHA | Federal Housing Administration |
| FIABCI | International Real Estate Federation |
| FICO SCORE | A credit-bureau score developed by Fair, Isaac and Company, Inc. |
| FLSA | Fair Labor Standards Act |
| FMV | Fair Market Value |
| FNMA | Federal National Mortgage Association, or Fannie Mae |
| FPC | Federal Political Coordinator (a liaison to a Member of Congress for NAR) |
| FRM | Fixed Rate Mortgage |
| FSBO | For Sale By Owner |
| FSC | Federal Senate Coordinator (defunct term for REALTOR® liaison to Member of Congress/Senate) |
| GAA | General Accredited Appraiser |
| GAD | Government Affairs Director |
| GAO | General Accounting Office |
| GDP | Gross Domestic Product |
| GRI | Graduate, REALTOR® Institute |
| HAF | Housing Affordability Fund |
| HML | Honorary Member-for-Life |
| HOP | Housing Opportunities Program (NAR effort for affordable housing) |
| HOPE | Homeownership Participation for Everyone (NAR award given for minority homeownership programs) |
| HUD | U.S. Department of Housing and Urban Development |
| IA | Institute Affiliate Member (a commercial designee who pays a reduced fee for limited membership) |
| ICREA | International Consortium of Real Estate Associations |
| IDX | Internet Data Exchange |
| IMPAC | Issues Mobilization Political Action Committee |
| INS | Internal News Service (a weekly emailed publication from NAR) |
| IREM | Institute of Real Estate Management |
| IT | Information Technology |
| LFRO | Limited Function Referral Office (company licensed for the sole purpose of providing referrals to another firm) |
| LLP | Limited Liability Partnership LTG Leadership Training Graduate |
| MBA | Mortgage Bankers Association MLS Multiple Listing Service |
| NAHB | National Association of Home Builders |
| NAHREP | National Association of Hispanic Real Estate Professionals |
| NAMB | National Association of Mortgage Brokers |
| NAR | National Association of REALTORS® |
| NAREB | National Association of Real Estate Brokers |
| NHD | National Hazards Disclosure |
| NRDS | National Realtor Data System |
| PAC | Political Action Committee |
| Portable Document Format (Adobe Acrobat) | |
| POE | Point of Entry (a status within NRDS allowing data entry to certain fields in membership records) |
| PS | Professional Standards (the specific process for resolving arbitration and ethics complaints; duty of members) |
| RAA | Residential Accredited Appraiser |
| RAE | Realtor Association Executive Magazine |
| RAM | REALTOR® Association Management (self-study program for AEs, available from NAR) |
| RARE | REALTOR® Association Resource Exchange (virtual library of sample Association documents donated by AEs) |
| RCE | REALTOR® Association Certified Executive |
| RDR | REALTORS® Don't Read |
| REBAC | Real Estate Buyer's Agent Council |
| REBS | Real Estate Business Services |
| REO | Real Estate Owned (i.e., by banks and S&Ls) |
| REPA | Real Estate Professional Assistant |
| RESPA | Real Estate Settlement Procedures Act |
| RESPRO | Real Estate Services Providers Council |
| RFP | Request for Proposal |
| RIN | Realtor Information Network |
| RLI | REALTORS® Land Institute |
| R.O.D.E.O. | Relevant Orientation for the Development of the Executive Officer |
| RPAC | REALTORS® Political Action Committee (NAR's PAC) |
| SAREC | Senior Advantage Real Estate Council |
| SFAC | Standard Forms Advisory Committee |
| SIOR | Society of Industrial and Office REALTORS® |
| SPF | Strategic Planning & Finance |
| SRES | Senior Real Estate Specialist |
| TDS | Transfer Disclosure Statement |
| UBIT | Unrelated Business Income Tax |
| VOW | Virtual Office Website VRM Variable Rate Mortgage |
| WCR | Women's Council of REALTORS® |
| ARV | After-Repaired Value |
| COO or CofO | Certificate of Occupancy |
| CMA | Comparative Market Analysis |
| COCR or CCR | Cash on Cash Return |
| COF | Cost of Funds |
| CRE | Creative Real Estate |
| CRE | Commercial Real Estate |
| DCR or DSCR or DSR | Debt Service Coverage Ratio |
| DTI | Debt to Income Ratio |
| FHA | Federal Housing Administration |
| FMR | Fair Market Rent |
| FMV | Fair Market Value |
| FSBO | For Sale by Owner |
| GNMA | Ginnie Mae (Government National Mortgage Association) |
| GRM | Gross Rent Multiplier |
| HML | Hard Money Lender |
| HOA | Homeowners Association |
| HUD | Housing and Urban Development |
| IRA | Individual Retirement Account |
| IRR | Internal Rate of Return |
| JV | Joint Venture |
| L/O | Lease Option |
| LLC | Limited Liability Company |
| LLP | Limited Liability Partnership |
| LTV | Loan to Value |
| MLS | Multiple Listing Service |
| NNN | Triple Net Lease |
| NOI | Net Operating Income |
| NOO | Non-Owner Occupied |
| OO | Owner Occupied |
| O/F | Owner Finance |
| P&S | Purchase and Sale |
| PCF | Price to Cash Flow (ratio) |
| PITI | Principal, Interest, Taxes and Insurance |
| PUD | Planned Unit Development |
| REI | Real Estate Investing |
| REIA | Real Estate Investors Association |
| REO | Real Estate Owned |
| ROI | Return On Investment |
| RTO | Rent to Own |
| SFH | Single Family House |
| SFR | Single Family Residence |
| VA | Department of Veterans Affairs / Veterans Administration |
Real Estate Financing and Contract Abbreviations
| Abbreviation | Description |
|---|---|
| AMORT | Amortization |
| APR | Annual Percentage Rate |
| ARM | Adjustable Rate Mortgage |
| CC&Rs | Conditions, Covenants, and Restrictions |
| CFD | Contract for Deed |
| CLTV | Combined Loan To Value |
| CAP | Capitalization |
| DBA | Doing Business As |
| DOS | Due on Sale Clause |
| DOT | Deed of Trust |
| EMC | Earnest Money Contract |
| FCRA | Fair Credit Reporting Act |
| FDIC | Federal Deposit Insurance Corporation |
| FEMA | Federal Emergency Management Agency |
| FHLMC | Freddie Mac (Federal Home Loan Mortgage Corporation) |
| I/O | Interest Only (loan) |
| LOC | Line of Credit |
| LOI | Letter of Intent |
| LPOA | Limited Power of Attorney |
| PMI | Private Mortgage Insurance |
| POA | Power of Attorney |
| POF | Proof of Funds |
| TIL | Truth In Lending |
Real Estate Agent Certifications
| Abbreviation | Description |
|---|---|
| ABR | Accredited Buyer Representative |
| AMO | Accredited Management Organization |
| CBR | Certified Buyer Representative |
| CHMS | Certified Home Marketing Specialist |
| CLHMS | Certified Luxury Home Marketing Specialist |
| CNS | Certified Negotiation Specialist |
| CPM | Certified Property Manager |
| CRB | Certified Real Estate Broker |
| CRS | Certified Residential Specialist |
| e-PRO | Internet Professional |
| GRES | Graduate Real Estate Society |
| GRI | Graduate REALTOR® Institute |
| NAR | National Association of Realtors |
| REALTOR® | Member of the National Association of Realtors |
| RPAC | Realtors Political Action Committee |
| SRES | Senior Real Estate Specialist |
California Real Estate License 01482568
