100 Acronyms Every Real Estate Investor Should Know
February 20, 2021 By: Herman Torres
Truth is, it’s always worth it to get familiar with the real estate lingo to help you understand your contracts, listings, agreements, and day-to-day conversations better. That’s why w e listed 100 real estate acronyms and abbreviations that you are likely to encounter whether you’re just getting into real estate or a seasoned pro.
So, feel free to bookmark this page to make it for a handy reference!
100 Real Estate Acronyms & Abbreviations
1031: 1031 exchange
1C(2C): 1-car or 2-car garage
ABR: Accredited Buyer Representative
ACTV: active listing
AFD: agreement for deed (contract of deed)
AITD: all inclusive trust deed
AMORT: Amortization
AMO: Accredited Management Association
APR: annual percentage rate
APT: apartment
ARM: adjustable-rate mortgage
ARV: after-repair value
BOM: back on market
BPO: broker’s price opinion
CAC: central air conditioning
CAP: capitalization / cap rate
CapEx: capital expenditures
CCIM: Certified Commercial Investment Member
CCREA: Certified Commercial Real Estate Advisor
CCR: conditions, covenants & restrictions
CF: cash flow
CFD: contract for deed
CLSD: closed listing
CLTV: combined loan-to-value ratio
CMA: comparative market analysis
COCR/CCR/CoC: cash-on-cash return
COF: cost of funds
CPM: certified property manager
CRB: certified real estate brokerage manager
CRE: commercial real estate
CRS: certified residential specialist
DBA: doing business as
D/E: Debt-to-equity ratio
DOS: due on sale clause
DOT: deed of trust
DSCR/DCR/DSR: debt service (coverage) ratio
DSP: garbage disposal
DTI: debt-to-income ratio
EMC: earnest money contract
FHA: Federal Housing Administration
FMR: fair market rent
FMV: fair market value
FNMA: Fannie Mae
FRBO: for rent by owner
FRM: fixed-rate mortgage
FSBO: for sale by owner
GRI: gross rental income
GRM: gross rent multiplier
HELOC: home equity line of credit
HML : hard money lender
HOA: homeowners association
HVAC: heating, ventilation & air conditioning
HUD: Housing & Urban Development
IRC: Internal Revenue Code
IRR: internal rate of return
JV: joint venture
LLC: limited liability company
LLP: limited liability partnership
L/O: lease option
LOC: line of credit
LOI: letter of intent
L/P: lease purchase
LPOA : limited power of attorney
LTV: loan-to-value ratio
MAO: maximum allowable offer
MBA: master bedroom with bath
MFH: multi-family home
MIP: mortgage insurance premium
NAR: National Association of Realtors
MLS: Multiple Listing Service
NAREIA: National Real Estate Investors Association
NNN: triple-net lease
NOD: notice of default
NOI: net operating income
NOO: non-owner occupied
OO: owner-occupied/occupant
P&S: purchase and sale
PCF: price-to-cash-flow ratio
PITI: principal, interest, taxes, and insurance
PMI: private mortgage insurance
POA: power of attorney / property owners association
POF: proof of funds
QCD: quit claim deed
REI: real estate investing
REIA: Real Estate Investment Association
REIT: real estate investment trust
REO: real estate owned (bank-owned/lender-owned/foreclosed property)
ROI: return on investment
RTO: rent to own
SDIRA: self-directed individual retirement account
SFH: single-family home
SS: short sale
Sub2: subject to existing financing
T/B: tenant buyer
TIL: truth in lending (act)
UBIT: unrelated business income tax
VA: Veterans Administration
VA: virtual assistant
WAR: warranty plan
Would you like to share any acronyms or buzzwords we might have missed on the list? Help our real estate community by sharing it below!
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