The following is a list of abbreviations frequently used in the real estate business. This may help you to better understand the descriptions of properties in real estate advertising.
As with any organization, the real estate industry often relies on abbreviations and acronyms to describe a service, association or designation. Listed below are some of the more common acronyms.
ACRONYMS
-
AACI
Accredited Appraiser Canadian Institute
-
ABR®
Accredited Buyer Representative
-
ABRM®
Accredited Buyer Representative Manager
-
AFM
Accredited Farm Manager
-
AIC
Appraisal Institute of Canada
-
ALC
Accredited Land Consultant
-
AMP
Accredited Mortgage Professional
-
ARA
Accredited Rural Appraiser
-
ARM
Accredited Resident Manager
-
BOMA
Building Owners & Managers Association
-
CAHPI
Canadian Association of Home and Property Inspectors
-
CCI
Canadian Condominium Institute
-
CCIM
Certified Commercial/Investment Member
-
CIMBL
Canadian Institute of Mortgage Brokers & Lenders
-
CLP
Certified in Land Planning and Development
-
CMA
Current Market Appraisal
-
CMHC
Canada Mortgage & Housing Corporation
-
CMR
Certified in Marketing of Real Estate
-
CPM
Certified Property Manager
-
CRA
Canadian Residential Appraiser
-
CRB
Certified Real Estate Brokerage Manager
-
CRE
Counselor of Real Estate
-
CREA
Canadian Real Estate Association
-
CRES
Certified Real Estate Specialist
-
CRS
Certified Residential Specialist
-
E&O
Errors and Omissions Professional Liability Insurance
-
FRI
Fellow of the Real Estate Institute
-
FRI(E)
Executive Fellow of the Real Estate Institute
-
FRICS
Fellow, Royal Institution of Chartered Surveyors
-
FSBO
For Sale By Owner
-
MLS®
Multiple Listing Service® (a certification mark owned by the Canadian Real Estate Association)
-
MPAC
Municipal Property Assessment Corporation
-
MVA
Market Value Appraiser (Residential)
-
OA-AIC
Ontario Association Appraisal Institute of Canada
-
OREA
Ontario Real Estate Association
-
PCC
Private Career College
-
RECO
Real Estate Council of Ontario
-
REIC
Real Estate Institute of Canada
-
SRS
Specialist in Real Estate Syndication
-
VOW
Virtual Office Website
EXPRESSION
and
approximately
available
basement
bathroom
bedroom
block
building
built
bungalow
ceiling
central air conditioning
central vacuum
condition
construction
cupboards
dining room
dishwasher
doors
double
electric
en-suite
equipment
family room
finished
fireplace
furnace
hardwood
hot water tank
immediate
included
landscaped
large
living room
maintenance
measurement
mortgage
piece
possession
private
property
recreation room
refrigerator
room
small
square feet
throughout
township
wall to wall
with
woodwork
yard
ABBREVIATION
&
approx.
avail.
bsmt.
bth. or bathrm.
bdrm.
blk.
bldg.
blt.
bung.
ceil.
c/a or c/air
c/v or c/vac
cond.
const.
cpbds.
din rm.
dishwr.
drs.
dbl.
elec.
ens.
equip.
fam rm.
fin.
ffp.
furn.
hrdwd.
hwt. or HWT
immed.
incl.
lnscp.
lge. or lrg.
lvgrm. or livrm.
maint.
meas.
mtge.
pc. or pce.
poss.
priv.
prop.
rec rm.
fridge
rm.
sm.
sq. ft.
thruout.
twp.
w/w
w/
woodwk
yd.