Canadian Financial, Real Estate and Mortgage Glossary

Words categorized under Abbreviation

1 car garage (1C) — Acronym (Abbreviation)

1 living level (1 LV) — Acronym (Abbreviation)

2 car garage (2C) — Acronym (Abbreviation)

2 living levels (2 LV) — Acronym (Abbreviation)

3+ car garage (multi) — Abbreviation (Abbreviation)

4 bedrooms / 3 bathrooms (4/3) — Acronym (Abbreviation)

4 bedrooms / 3 bathrooms / 2 car garage (4/3/2) — Acronym (Abbreviation)

a-1 condition (A-1 cond) — Abbreviation (Abbreviation)

In very good condition.

above-ground swimming pool (PL-A, a/g pl) — Acronym & Abbreviation (Abbreviation)

abstract of title (ab) — Definition (Mortgages, Real-estate, Abbreviation, Legal-contracts)

A written history of all the transactions that bear on the title to a specific piece of land. An abstract of title covers the time from when the property was first sold to the present.

  ➥  AB is a common abbreviation for Abstract of Title when used in property listings and real estate classifieds.

access (accs) — Abbreviation (Abbreviation)

accessories (access.) — Abbreviation (Abbreviation)

accommodations (acomm) — Abbreviation (Abbreviation)

account (acct) — Abbreviation (Abbreviation)

accountant (acct) — Abbreviation (Abbreviation)

accounting (Acctg) — Abbreviation (Abbreviation)

acre(s) (ac) — Abbreviation (Abbreviation)

active (act., actv) — Abbreviation (Abbreviation)

  ➥  An abbreviation used in multiple listing services signifying that a property is available for purchase.

additional (addl) — Abbreviation (Abbreviation)

  ➥  As in additional land or property available.

adjacent (adj) — Abbreviation (Abbreviation)

adjoining (adj) — Abbreviation (Abbreviation)

administrative (Admin) — Abbreviation (Abbreviation)

administrator (admin) — Abbreviation (Abbreviation)

advance (adv) — Abbreviation (Abbreviation)

advertisement (ad) — Abbreviation (Abbreviation)

aerial photo (aerl) — Abbreviation (Abbreviation)

  ➥  The abbreviation "arel" is commonly used in property listings. Indicates that an aerial photograph of the property is available.

after (aft) — Abbreviation (Abbreviation)

agency (agcy) — Definition (Investments, Mortgages, Real-estate, Insurance, Financial-banking, Abbreviation, Legal-contracts)

A relationship between two parties -- a client and an agent -- in which the agent represents the client in transactions with a third party.

agency approved (APPR) — Acronym (Abbreviation)

agent (agt) — Definition (Investments, Mortgages, Real-estate, Insurance, Financial-banking, Abbreviation, Legal-contracts)

A person who acts on behalf of another. In real estate, an agent is a person who conducts transactions on behalf of sellers and sometimes buyers.

agricultural (agri) — Abbreviation (Abbreviation)

  ➥  The abbreviation "agri" is commonly used in property listings. Indicates that the parcel for sale, or a portion of it, is zoned or can be used for agricultural or farming purposes.

air conditioning (A/C, air cond) — Acronym & Abbreviation (Abbreviation)

aluminum (alm, alum.) — Abbreviation (Abbreviation)

antique (antq) — Abbreviation (Abbreviation)

apartment (apt) — Abbreviation (Abbreviation)

appliances (appl) — Abbreviation (Abbreviation)

appointment (appt) — Abbreviation (Abbreviation)

appraisal or appraiser (ap) — Definition (Abbreviation)

An estimate of the market value of a piece of real estate made by a competent professional who knows local real estate prices and markets.

approximate (approx) — Abbreviation (Abbreviation)

architecture, architectural or architect (arch.) — Abbreviation (Abbreviation)

asbestos (asb) — Definition (Real-estate, Abbreviation)

A fire-resistant element that once was commonly used for insulation. It poses a lung hazard.

assessed value (AV, ast) — Definition (Mortgages, Real-estate, Taxation, Abbreviation)

A municipal or provincial government's determination of a property's worth for tax purposes.

assigned (assg) — Abbreviation (Abbreviation)

  ➥  As in assigned parking.

assigned storage (stor) — Abbreviation (Abbreviation)

assistant (asst) — Abbreviation (Abbreviation)

associate (assoc) — Abbreviation (Abbreviation)

association (assn) — Abbreviation (Abbreviation)

assumption (asm) — Abbreviation (Abbreviation)

attached (att, attd) — Definition (Real-estate, Abbreviation)

Something that is affixed to a property.

  ➥  As in attached garage.

attachment (attach) — Abbreviation (Abbreviation)