Our commitment to you is complete honesty: we will never allow affiliate partner relationships to influence our opinion of offers that appear on this site. There is a wide range of real estate abbreviations and real estate acronyms in the industry. DSCR/DCR/DSR: debt service coverage ratio, HUD: Federal Department of Housing and Urban Development. Buying a Home in These 7 States Gives You the Most Bang for Your Buck, The Top 10 Hottest Demand Markets for Rental Investment in 2020, www.cafemedia.com/publisher-advertising-privacy-policy, Association of Commercial Real Estate Professionals, Association of Real Estate License Law Officials, International Association of Real Estate Professionals, Commercial Real Estate Development Association, National Association of Real Estate Advisors, National Association of Residential Property Managers, National Real Estate Investors Association, Extensively researched articles in the areas of Real Estate Taxes, REITs, CREs, Regulation A and Property Listing Abbreviations: AC or A/C – Air conditioning AEK – All electric kitchen ... REAL ESTATE DEED ABBREVIATONS AND ACRONYMS. CCR: conditions, covenants, and restrictions, GNMA: Government National Mortgage Association (Ginnie Mae), PITI: principal, interest, taxes, and insurance. Home / Real Estate / Design & Construction / 3D-4D Building Information Modeling / BIM Guides / BIM Guide Terminology / Abbreviations and Acronyms Design & Construction Overview We’ve broken them down into five categories: general, financing and contracts, trade associations, designations, and listings. Whether you’re a beginner or real estate pro, it’s important to understand the lingo. Web. Even for agents fluent in acronyms, this is good content to share on your website and on your social media platforms to … STANDS4 LLC, 2020. Get instant explanation for any acronym or abbreviation that hits you anywhere on the web! That can make it hard to understand a contract or a conversation. Browse and search thousands of Real Estate Abbreviations and acronyms in our comprehensive reference resource. 3B/2B (or 3/2): three bedrooms, two bathrooms, HVAC: heating, ventilation, and air conditioning. Simply click here to learn more and access your complimentary copy. Abbreviations.com. You probably know that real estate has long been the playground for the rich and well connected, and that according to recently published data it’s also been the best performing investment in modern history. You’ve probably stumbled across a real estate abbreviation or acronym and wondered what it meant. To get started, we’ve assembled a comprehensive guide that outlines everything you need to know about investing in real estate - and have made it available for FREE today. Whether you’re a beginner or an expert in real estate, it’s important for any investor to get acquainted with the vocabulary and jargon used by professionals in this business. These letters and initials are intended to simplify contracts, agreements, and day-to-day discussions, but many are confusing. Want to Invest in Real Estate Right NOW? When dealing with real estate, you might also need to know things like the abbreviations for all 50 states or even common measurement abbreviations. © 2018 - 2020 The Motley Fool, LLC. All real estate transactions include contracts and most involve financing. "Real Estate." In the spirit of being helpful to young agents and real estate buyers alike, we have put together this list of 116 common real estate abbreviations. 29 Oct. 2020. If you’re looking to boost your resume, these groups are a good place to start. A helpful list of the most commonly used real estate, land and property abbreviations used in most real estate related industries. County real estate and property records abbreviations and acronyms: AD Administrator’s Deed Notice AJ Affidavit of Joint Tenant Deed AG Agreement Agreement Comm.Miscellaneous ARI Articles of Incorporation Notice, certificate AST Assessment Lien Lien, JTL ASG Assessment Assessment ABS Assessment / Bill of Sale Assessment, Mineral/Oil & Gas Take the first step towards building real wealth by signing up for our comprehensive guide to real estate investing. To get you started, here’s a list of commonly used real estate abbreviations and acronyms and what they mean. But in 2020 the barriers have come crashing down - and now it’s possible to build REAL wealth through real estate at a fraction of what it used to cost, meaning the unfair advantages are now available to individuals like you. And if you’re looking for an expert in the industry, these designations can make one easier to find. Real Estate By the Letters. Millionacres does not cover all offers on the market. The list of 2.9k Real Estate acronyms and abbreviations (October 2020): Real Estate Investing: 10 Ways to Build Wealth. Knowing what they mean can help you find properties that match your criteria. All rights reserved. Real estate associations and organizations help promote professionalism, improve transparency, and support continuing education. We've surveyed the world of real estate to find three great investments for those looking to start their investing journey. Sign up here for your free copy today. . We do receive compensation from some affiliate partners whose offers appear here. Knowing these abbreviations and acronyms can help you navigate the paperwork. We're doing our best to make sure our content is useful, accurate and safe.If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly. You can count on any property listing to have an abbreviation or two. These abbreviations and acronyms show up a lot, whether you’re a seasoned investoror buying your first home. ACRP: Association of Commercial Real Estate Professionals, ARELLO: Association of Real Estate License Law Officials, IARP: International Association of Real Estate Professionals, NAIOP: Commercial Real Estate Development Association, NAREA: National Association of Real Estate Advisors, NARPM: National Association of Residential Property Managers, NREIA: National Real Estate Investors Association. | International Commercial Property | Commercial Law Firms | International Real Estate | Oct 18, 2020. They also grant many of the industry’s accreditations and certifications. How to Buy Your First Investment Property With 5% Down (Or Less), These REITs Are Immune to the Coronavirus' Impact, Cities and States That Have Paused Evictions Due to COVID-19, The Metros Where Retail CRE will be Hit the Hardest. AC or A/C – Air conditioning AEK – All electric kitchen APPLS – Appliances BA – Bathroom BR – Bedroom CATH – Cathedral ceilings CAC – Central air conditioning CDS – Cul de sac CH – Central heat C/VAC – Central vacuum CP – Carport D/D – Dishwasher and a garbage disposal DET – Detached garage DK – Deck FDR/DR – Dining room or a formal dining room FAG – Forced air gas F/BSMT – Fully finished basement FPLC, FP, FRPLC – Fireplace FSBO – For Sale By Owner GARD – Garden GAR, GR – Garage GRMET KIT, GRMT KIT – Gourmet kitchen GRT RM – Great room HD, HDFL – Hardwood floors HI CEIL(S) – High ceilings KIT, KT – Kitchen LA – Living area LR – Living room OFC – Office OSP – Off-street parking is available PL, SP, S/P – Swimming pool PVT – Private PWDR RM – Powder room or half bath Q POS – Available for quick possession SMART – Typically computer controlled heating and cooling, alarms, and lights etc. Will the COVID-19 Crisis Push Home Values Lower? HOME; ... Real Estate/Property Abbreviations & Acronyms Select starting letter of Abbreviation or Acronym to view list: I'm a meticulous researcher and writer with 15+ years of experience. Real Estate 101. These abbreviations and acronyms show up a lot, whether you’re a seasoned investor or buying your first home. Adding a real estate designation to your resume can make you more versatile and valuable in the industry. Compensation may impact where offers appear on our site but our editorial opinions are in no way affected by compensation. CCIM: Certified Commercial Investment Member, CCREA: Certified Commercial Real Estate Advisor, CHMS: Certified Home Marketing Specialist, CIPS: Certified International Property Specialist, CLHMS: Certified Luxury Home Marketing Specialist, RSPS: Resort and Second-Home Property Specialist.