Real Estate Abbreviaitons (2024)

Below are abbreviations that are used in the field of real estate.

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 Disbursem*nt 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)

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 ontechnology 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 forminority 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 PDF 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