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Real Estate Abbreviations

 

To help you communicate and to understand various terms used

A|B|C|D|E|F|G|H|I|J|K|L|M|N|O|P|Q|R|S|T|U|V|W|Y|

 

A

A/C           Air Conditioning
AC             Air Conditioning
ADJ          Adjacent     
ADV         Advance
AEK         All Electric Kitchen
AGT         Agent
AKA        Also Known As
APPLS   Appliances
APPT      Appointment     
APR        Annual Percentage Rate
APT        Apartment
ARLA     Association of Residential Letting Agents
ASA        Advertising Standards Authority
AST        Assured Shorthold Tenancy
AT           Assured Tenancy (agreement
ATF        As Trustee For
ATO       Australian Taxation Office
AVAIL   Available

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B

 

B2B          Business to Business
B2C          Business to Consumer
BA            Benefits Agency
BA            Bathroom
BALC      Balcony     
BC            Borough Council
BDS         Bedsitter
BI             Buildings Insurance
BIR          Built-in Wardrobes     
BK            Back     
BMV        Below Market Value
BOE         Bank Of England
BR            Bedroom
BRM        Bedroom     
BRR         Buy Refurbish Refinance
BS            Balance Sheet
BS            Building Society
BTL         Buy To Let
BTS         Buy To Sell
BV           Brick Veneer

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C

 

CA             Central Air Conditioning
CAB          Citizens Advice Bureau
CAC          Central Air Conditioning
CAGR      Compound Annual Growth Rate
CATH CEIL   Cathedral Ceiling
CC             County Council
CC             Construction Certificate
CCA          Consumer Credit Association
CCJ           County Court Judgement
CDS          Cul de Sac
CfSH        Code for Sustainable Homes
CGT          Capital Gains Tax
CH            Central Heating
CIL           Community Infrastructure Levy
CMDC     CDM Coordinator
CML        Council of Mortgage Lenders
CL            Crown Lease
CL            Close
COCR     Cash On Cash Return
COMP    Comprises
CP            Carport
CPA         Chartered Financial Planner
CPI          Consumer Price Index
CPLE      Couple     
CPO        Compulsory Purchase Order
C/PORT      Carport
CR           Crown Record
CT           Certificate Of Title
CT           Community Title
CT           Corporation Tax
CT           Council Tax
CTTT     Consumer Trader and Tenancy Tribunal

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D

DA            Development Application
D&B         Design and Build
DBLE       Double
DCDB      Digital Cadastral Data Base
DD            Due Diligence
D/D          Dishwasher and a Garbage Disposal
DET          Detached Garage
DEVT/S  Development/s
DF             Double Fronted
DG            Double Glazing
DIN          Dining Room
DIST        Distance
DIY          Do It Yourself
DK            Deck
DM           Discharge of Mortgage
DPA         Damp Proofing Association
DPC         Damp Proof Course
DPM        Damp Proof Membrane
DPTI       Planning Division
DR           Dining room
DSCR     Debt Service Coverage Ratio
DSR        Debt to Service Ratio
DSS         Department of Social Security
DTE        Down To Earth
DTI         Department of Trade & Industry
D/W       Dishwasher

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E

 

E&OE      Errors and Omissions Excepted
EA             Estate Agent
EDMO     Empty Dwelling Management Orders
EIA           Environmental Impact Assessment
ELEC       Electricity     
ENT         Entrance
EOI          Expression of Interest
EOT         End Of Terrace
EPC         Energy Performance Certificate
ERC         Early Redemption Clause
ERP         Early Redemption Penalty
ERRP     Expected Rapid Realisation Price
ERV        Estimated Rental Value
ESP         Eventual Selling Price
ETP         End Terrace Property
EXC        Excellent     
EXEC     Executive     
EXP        Expenses
EXT        External

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F

 

FACS        Facilities
FAM         Family
F/B            Full Brick
FB              Finance Broker
FCA          Financial Conduct Authority
FDR         Formal Dining Room
FF             Finders Fee
F/F           Fully Furnished
F/FIN BSMT  Fully Finished Basement
FFL           Finished Floor Level
FHL          Furnished Holiday Let
FLEA       Fire, Lightning, Earthquake, Aircraft
FLR          Floor     
FMV         Full Market Value
FOREX    Foreign Exchange
FP              Fireplace
FPLC        Fireplace
FRPLC     Fireplace
FSBO        For Sale by Owner
FSA           Financial Services Authority.
FSS           Full Structural Survey
FTB           First Time Buyer
FTGS        Fittings
FTI            First Time Investor
FURN      Furnished     
FV             Future Value

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G

 

GAR        Garage
GARD     Garden
GDV        Gross Development Value
GEA         Gross External Area
GIA         Gross Internal Area
GR           Gross Return
GPM       Graduated Payment Mortgage
GRMET KIT  Gourmet kitchen
GRO       General Registry Office
GRT RM      Great Room
GST        Goods and Services Tax

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H

 

HA            Housing Authority
HB            Housing Benefit
HDW       Hardwood Floors
HDWD    Hardwood Floors
HHSRS   Housing Health and Safety Rating System
HI CEILS  High Ceilings
HIPS       Home Information Packs
HMO       House of Multiple Occupation
HPC         House Price Crash
HPI          House Price Index
HWF       Hardwood Floors
HTG        Heating
HWS       Hot Water System

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I

 

IC             Instalment Contract
IFA          Independent Financial Advisor
IHT         Inheritance Tax
INCL      Includes     
INSP      Inspect
INT         Internal     
IO            Interest Only
IPI           Income Protection Insurance
IRR         Internal Rate of Return
IT            Income Tax

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J

 

JV            Joint Venture
JVP         Joint Venture Partner

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K

 

KIT           Kitchen

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L

 

L2R            Let To Rent
LA              Local Authority
LA              Living Area
LGC           Local Government Code
LGE           Large     
LHA          Local Housing Authority
LL              Landlord
LMI           Lender's Mortgage Insurance
LNGE       Lounge
LO             Lease Option
LOC          Location     
LOC          Line of Credit    
LR             Land Registry
LR             Living room
LSE          Lessee
LSR          Lessor
LT             Limited Title
LTB          Let To Buy
LTBH      Long Term Buy & Hold
LTO         Lands Titles Office
LTRO      Lands Titles Registration Office
LTV         Loan to Value Ratio
LU           Life Use
LU           Lockup
LUC       Land Use Code
LUG       Lockup garage
LUX       Luxury
LVR       Loan to Valuation Ratio  

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M

M              Mortgage
M/A         Mature Age
MDF        Mediumdensity fibreboard.
MED        Medium
MEW      Mortgage Equity Withdrawal
MINS      Minutes     
MOD       Modern
MTP        Mid (Middle) Terrace Property

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N

 

NAEA      National Association of Estate Agents
NALS      National Association of Letting agents
NDA        NonDisclosure Agreement
NEG        Negotiable
NETA     None Existent Tenancy Agreement
NHBC    National HouseBuilding Council
NI           National Insurance
NIA        Net Internal Area
NLA       National Landlords Association
NMD     No Money Down
NMLI    No Money Left In
NPV      Net Present Value
NR         Net Return
NUA      Not Under Act

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O

 

OC          Occupation Certificate
OFC       Office
OFP       Open Fireplace
OFT       Office of Fair Trading
OMV     Open Market Value
ONO      Or Nearest Offer
OO         Owner Occupier
OPM     Other People's Money
OPP      Outlying Planning Permission
O/S       Overseas
OSP      Off Street Parking     
OYO     Own Your Own    

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P

 

P&L         Profit & Loss
PA            Per Annum
PA            Power of Attorney
PAT         Portable Appliance Testing
PC            Prime Cost
PCA         Prime Certifying Authority
PCL         Prime Central London
PCM        Per Calendar Month
PEXA     Property Exchange System
PFN        Per Fortnight     
P&I         Principal and Interest
PI            Professional Indemnity (insurance)
PIA         Property Investment Analysis
PL           Swimming pool
PM         Project Manager
PMT      Payment
PNC       Property Networking Club
POA       Price On Application
PP          Purchase Price
PPR       Principle Place of Residence
PVT       Private
PPOR   Principal Place of Residence
PPR       Principal Place of Residence
PRS       Private Rental Sector
PSM      Permanent Survey Marks
PTFE    Polytetrafluoroethylene
PV         Photovoltaic (Solar Panels)
PW        Per Week

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Q

 

Q POS    Available for Quick Possession
QS           Quantity Surveyor

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R

 

R2R         Rent To Rent
R/O         Room Only
REF         References
REO        Real Estate Owned
RES        Residence
R&D       Research & Development
RI            Rental Income
RLA        Residential Landlords Association
R&M      Repair and Maintenance
RMS       Rooms
ROCE    Return On Capital Employed
ROE       Return On Equity
ROI        Return On Investment
ROW     Right Of Way     
RP         Registered Plan
RPA      Real Property Act
RPD      Real Property Description
RPI       Retail Price Index
RR        Rent Review
RT         Regulated Tenancy (Agreement)
RTB      Right To Buy

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S

 

SC            Structural Certificate
SC            Self Contained     
SD            Stamp Duty
SDLT      Stamp Duty Land Tax
SEP         Separate
SEC         Security     
SFO         Serious Fraud Office
SGL         Single     
SIPP        SelfInvested Personal Pension
SM          Small
SP            Swimming Pool
S/P         Swimming Pool
SPAC     Spacious     
SQF        Square feet
SQM      Square Metres / Miles
S/S         Stainless Steel     
SSTC     Sold Subject To Contract
STC       Subject To Contract
STR      Sell To Rent
STR      Short Term Rental

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T

 

TA            Technical Analysis
TATS      Torrens Automated Title System
TB            Tenant Buyer
TBA         To Be Agreed
TBC         To Be Confirmed
TDS         Tenancy Deposit Scheme
TFN         Tax File Number
TPO         The Property Ombudsman
TRANS   Transport
TS            Torrens System

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U

 

UCP        Under-Cover Parking     
U/F         Unfurnished
UPR        Upper floor

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V

 

VAT        Value Added Tax
VOA       Valuation Office Agency
VW, VWS, VU, VUS   View or Views

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W

 

WLK       Walk
WB          Weather Board     
WC          Water Closet Toilet     
W/D       Washer and Dryer
WD         Washer and Dryer
WIC        Walkin Closet
WIR       Walkin Robe
W/R       Wardrobe     
WKS      Weeks     
WW       Wall to Wall (Carpet)

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Y

 

YOC       Yield on Cost
YRD       Yard

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