What Some Of The Most Common Acronyms Mean In Ontario Real Estate?

A

AIC - Appraisal Institute of Canada

AMP - Accredited Mortgage Professional

B

BOMA - Building Owners and Managers Association

C

CAHPI - Canadian Association of Home & Property Inspectors

CCI - The Canadian Condominium Institute

CCIM - Certified Commercial / Investment Member

CIMBL - Canadian Institute of Mortgage Brokers & Lenders

CLO - Certified Leasing Officer

CMR - Certified in Marketing of Real Estate

CPM - Certified Property Manager

CRA - Certified Real Estate Appraisal

CRES - Certified Real Estate Specialist

CREA - The Canadian Real Estate Association

CRF - Certified In Real Estate License

E

E&O - Errors and Omissions (Professional liability insurance)

F

FSBO - For Sale By Owner

M

MAI - Member Appraisal Institute

MLS - Multiple Listing Service

MVA - Market Value Appraisal

O

OA-AIC - Ontario Association Appraisal Institute Canada

OREA - Ontario Real Estate Association

R

RECO - Real Estate Council of Ontario

S

SRA - Senior Residential Appraisal