Common REAL ESTATE ACRONYMS and Abbreviations | Real Estate 101

Decisions can be disastrous when made based on misunderstood acronyms, abbreviations, and even terminology. So whether you are a first-time homebuyer, a real estate investor, or a new real estate broker, you will find this video a helpful guide to the common acronyms and abbreviations commonly used in the real estate industry
In this video, I will be speaking in English to save me some time in putting subtitles because I will be releasing a very informative video next week. I categorized the acronyms and abbreviations depending on who often uses them and I also put the meaning for some that I think most people are not familiar with. But of course, if you are a real estate service practitioner, you are expected to know most of it. If there are terms that you want to clarify, just leave a comment below.
And to make it easier for you to search for a particular abbreviation or acronym, you can click on the timestamps below.
INTRO 00:00
1:07 Real Estate Abbreviations and Acronyms for first-time HOMEBUYERS
1:14 AIF Attorney-in-fact
1:26 AV Appraised Value
1:35 BIR Bureau of Internal Revenue
1:38 CAR Certificate Authorizing Registration
2:11 CCT Condominium Certificate of Title
2:15 CI Credit Investigation
2:32 CoS Certificate of Sale
2:39 CR Comfort Room
2:42 CTC Community Tax Certificate
2:50 CTS Contract to Sell
3:03 DHSUD Department of Human Settlements and Urban Development
3:12 DOAS Deed of Absolute Sale
3:21 DOR Deed of Restrictions
3:36 DP Down payment
3:49 DST Documentary Stamp Tax
4:03 FA Floor Area
4:12 FSBO For sale by owner
4:18 GF Ground Floor
4:19 HL House & Lot
4:21 HOA Homeowner’s Association
4:41 HSAC Human Settlements and Adjudication Commission
4:59 IHF In House Financing
5:13 ITR Income Tax Return
5:15 LA Lot Area
5:17 LoG Letter of Guarantee
5:35 LRA Land Registration Authority
5:44 LTS License to Sell
6:00 LTV Loan to Value Ratio
6:12 MA Monthly Amortization
6:25 MC Manager's Check
6:33 MOA Memorandum of Agreement
6:41 MRI Mortgage Redemption Insurance
6:51 OCT Original Certificate of Title
6:54 Pag-IBIG Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industria at Gobyerno
7:02 PS Parking Slot
7:04 RD Registry of Deeds
7:06 REM Real Estate Mortgage
7:20 RF Reservation Fee
7:29 RTO Rent to Own
7:39 RPT Real Property Tax
7:47 SPA Special Power of Attorney
7:50 SPS Spouses
7:52 SQM for square meters
7:54 TB Toilet and Bath
7:55 TCP Total Contract Price
7:58 TCT Transfer Certificate of Title
8:01 VAT Value Added Tax
8:04 Real Estate Abbreviations and Acronyms for new real estate Investors
8:12 ATS Authority to Sell
8:30 CGT Capital Gains Tax
8:47 CWT Creditable Withholding Tax
9:04 CLOA Certificate of Land Ownership Award
9:17 CoC Cash on Cash return
9:23 COMM Commission
9:35 CREBA Chamber of Real Estate Builders’ Association
9:37 DTI Debt to Income Ratio
9:45 GRM Gross Rent Multiplier
9:53 IRR Internal Rate of Return
10:02 JV Joint Venture
10:14 LOI Letter of Intent
10:21 NOI Net Operating Income
10:29 PF Professional Fee
10:37 PFS Project Feasibility Study
10:49 REI Real Estate Investing
10:58 REIT Real Estate Investment Trust
11:12 ROI Return on Investment
11:23 ROPA Real and Other Properties Acquired
11:48 TOR Transfer of Rights
11:56 TO Turnover
12:03 Turnover Balance
12:12 Real Estate Abbreviations and Acronyms for new real estate broker
12:15 BIS for Buyer Information Sheet
12:35 COMPS Comparable Properties
12:42 CPD for Continuing Professional Development.
12:45 DBO for Direct Buyers Only
12:58 FMV for Fair Market Value
13:05 LF for Looking For
13:07 MLS for Multiple Listing Service
13:21 MP for Marketing Partner
13:23 PARCS for the Philippine Association of Realty Consultants and Specialists, Inc.
13:30 PARA for the Philippine Association of Realty Appraisers, Inc.
13:36 PAREB for the Philippine Association of Real Estate Boards
13:40 PD for Presidential Decree
13:43 PKS for Product Knowledge Seminar
13:53 RA for Republic Act
13:55 REBAP for Real Estate Broker’s Association of the Philippines
14:00 RMO for Revenue Memorandum Order
14:02 ROW for Right of Way
14:04 TRAIN for Tax Reform for Acceleration and INclusion
14:09 TT Transfer Tax
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[@ParengCastor]

thank you lodi

[@prudenciogolez8634]

Topics about managing property naman po maam😅😅😅

[@OwnPropertyPH]

Sige po 😊 isama ko po sa listahan ng mga videos to create

[@rolandobacugan7196]

TYSM Thank you so much😊

[@OwnPropertyPH]

Thank you rin po sa support 😊

[@jupnick]

I have a business inquiries and I will email ko sayo in the very near future. Also I am learning and appreciate your videos. Thanks!

[@OwnPropertyPH]

Thank you so much for appreciating my videos po 🙂

[@michaelcummins2464]

what does up to 4 DU''s mean on a property

[@lesterchannel5507]

same lang po ba ung condo dues, association dues at working capital? if not what is their differences?

[@OwnPropertyPH]

Yung condo dues at association dues ay relatively synonymous when it comes to condo. Ang working capital ay yung available money na pwedeng ipambayad sa mga short term obligation 🙂

[@sales.mtmrentals7441]

Hi Ms. Me-an. Good day. This is related to condo pasalo. Kung foreigner ang owner, what are the requirements needed from him. Appreciate your response. Thank you

[@OwnPropertyPH]

Hi, ang alam ko po similar po sa requirements ng local sellers po. I discussed it in one of my videos 😊