Real Estate Acronyms commonly used in the Philippines AP – Asking price APT – Apartment ARV – After Repair Value AV – Appraised Value BLLM – Bureau of Lands Location Monument BR – Bedroom BSMT – Basement CAR – Certificate Authorizing Registration CCR – Cash on Cash Return CCT – Condominium Certificate of Title CF – Cost Factor CG – Car Garage CGT – Capital Gains Tax CLOP – Contract of Lease with Option to Purchase COMP – Comparable COMM – Commission CONC – Concrete COS – Certificate Of Sale CR – Comfort Room CRB – Certified Real estate Broker CRESR – Comprehensive Real Estate Seminar and Review CTC -Community Tax Certificate CTS – Contract-To-Sell CWT – Creditable Withholding Tax DBO – Direct Buyers Only DOAS – Deed Of Absolute Sale DOM – Deed Of Mortgage DP – Down Payment DR – Door DST – Documentary Stamps Tax EOP – Exclusive Option to Purchase FA – Floor Area FIP – Foreclosure Investing Philippines FMV – Fair Market Value FSBO – For Sale By Owner GF – Ground Floor GFI – Government Financial Institution HL – House and Lot HOA – Home Owners Association ADVERTISEMENT HVAC – Heating Ventilation and Air Conditioning ISP – Indicative Selling Price LA – Lot Area LARES – LAand REgiStration LOG – Letter Of Guarantee LOI – Letter Of Intent LRA – Land Registration Authority LTCP – Land Titling Computerization Project LTS – License To Sell LTV – Loan To Value MA – Monthly Amortization MAO – Maximum Allowable Offer MBP – Minimum Bid Price MBR – Masters Bed Room MC – Manager’s Check MLS – Multiple Listing Service MOA – Memorandum Of Agreement MR – Maids Room MRI – Mortgage Redemption Insurance MV – Market Value NEOP – Non Exclusive Option to Purchase NOI – Net Operating Income NROC – Non Refundable Option Consideration OCT – Original Certificate of Title OP – Over Pricing, Option to Purchase PITI – Principal Interest Taxes and Insurance PC – Purchase Contract PS – Parking Slot RD – Registry of Deeds, Roof Deck RA – Republic Act RE – Real Estate REB – Real Estate Broker REI – Real Estate Investing REIT – Real Estate Investment Trust REM – Real Estate Mortgage RESA – Real Estate Service Act REO – Real Estate Owned RFO – Ready For Occupancy RM – Room ROI – Return On Investment or Return Of Investment ROPA – Real and Other Properties Acquired ROPOA – Real and Other Properties Owned or Acquired RPT – Real Property Tax RTO – Rent-To-Own SQM – SQuare Meters TB or T&B – Toilet and Bath TCT – Transfer Certificate of Title TH – Town House TT – Transfer Tax VAT – Value Added Tax ZV – Zonal Value
Posted on: Mon, 08 Sep 2014 02:48:32 +0000
Trending Topics
Recently Viewed Topics
© 2015