Property Management Acronyms Explained

Property Management Acronyms

  1. AHI: Affordable Housing Industry
  2. ADA: Americans with Disabilities Act
  3. BR: Bedroom
  4. BA: Bathroom
  5. BOM: Building Operating Manager
  6. BPO: Broker Price Opinion
  7. BOMA: Building Owners and Managers Association
  8. CPM: Certified Property Manager
  9. CPI: Consumer Price Index
  10. CPA: Certified Public Accountant
  11. CPO: Certified Property Manager
  12. CFM: Certified Facility Manager
  13. CRE: Commercial Real Estate
  14. CAM: Common Area Maintenance
  15. CAP Rate: Capitalization Rate
  16. COA: Condominium Owners Association
  17. COO: Certificate of Occupancy
  18. CAPEX: Capital Expenditures
  19. CRA: Credit Reporting Agency
  20. EHO: Equal Housing Opportunity
  21. EPA: Environmental Protection Agency
  22. EV: Electric Vehicle
  23. EPC: Energy Performance Certificate
  24. EIN: Employer Identification Number)
  25. FSBO: For Sale By Owner
  26. FHA: Federal Housing Administration
  27. FM: Facility Management
  28. FHAP: Fair Housing Assistance Program
  29. FL: Fair Housing Laws
  30. FMV: Fair Market Value
  31. GPR: Gross Potential Rent
  32. GPM: Gross Potential Rent
  33. HOA: Homeowners Association
  34. HUD: U.S. Department of Housing and Urban Development
  35. HVAC: Heating, Ventilating, and Air Conditioning
  36. HCV: Housing Choice Voucher
  37. IRR: Internal Rate of Return
  38. LR: Living Room
  39. LOI: Letter of Intent
  40. LL: Landlord
  41. LLC: Limited Liability Company
  42. LTV: Loan-to-Value
  43. LEED: Leadership in Energy and Environmental Design
  44. MLS: Multiple Listing Service
  45. MOM: Month-Over-Month
  46. MGT: Management
  47. MFH: Multi-Family Home
  48. MOU: Memorandum of Understanding
  49. MUTM: Multi-Unit Residential Management
  50. NARPM: National Association of Residential Property Managers
  51. NOI: Net Operating Income
  52. OSHA: Occupational Safety and Health Administration
  53. OPEX: Operating Expenses
  54. PHA: Public Housing Authority
  55. PMI: Private Mortgage Insurance
  56. PM: Property Management/Manager
  57. PUD: Planned Unit Development
  58. PA: Property Appraisal
  59. PSF: Per Square Foot
  60. PMS: Property Management Software
  61. ROI: Return on Investment
  62. RPM: Residential Property Management
  63. REIT: Real Estate Investment Trust
  64. RTA: Residential Tenancy Act
  65. RFP: Request for Proposal
  66. R&M: Repairs and Maintenance
  67. RTO: Ready to Occupy
  68. REO: Real Estate Owned
  69. REN: Rental Income
  70. RRE: Residential Real Estate
  71. REI: Real Estate Investor
  72. STR: Short-Term Rental
  73. SF: Square Footage
  74. SFH: Single-Family Home
  75. SLA: Service Level Agreement
  76. TI: Tenant Improvements
  77. TIC: Tenants in Common
  78. TIA: Tenant Improvement Allowance
  79. UD: Unlawful Detainer
  80. VAC: Vacancy Rate
  81. WALT: Weighted Average Lease Term
  82. YOY: Year-Over-Year
  83. YTD: Year-to-Date
scott nachatilo

Author

Scott Nachatilo is an investor, property manager and owner of OKC Home Realty Services – one of the best property management companies in Oklahoma City. His mission is to help landlords and real estate investors to manage their property in Oklahoma.
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