HOA Abbreviations and Acronyms

Following is a list of common abbreviations and acronyms used in the common interest development industry.

 

AC
Architectural Committee

ADA
Americans with Disabilities Act

ADR
Alternative Dispute Resolution

AG
Attorney General

AICPA
American Institute of Certified Public Accountants

ARC
Architectural Review Committee

CACM
California Association of Community Managers

CAl
Community Associations Institute

CC&Rs
Declaration of Covenants, Conditions & Restrictions

CD
Certificate of Deposit

CID
Common Interest Development

CLAC
California Legislative Action Committee. A CAl committee that tracks and lobbies the legislature on bills affecting common interest developments.

COOP
Also Co-Op and Co-Operative. Refers to a "Stock Cooperative," one of the forms of common interest developments.

CPA
Certified Public Accountant

CPI
Consumer Price Index. Commonly used for budgeting purposes

CPM
Certified Property Manager. This is a manager certification issued by the Institute of Real Estate Management.

DB
Decibel. A unit of measurement for sound intensity

ORE
Department of Real Estate

EV
Electric Vehicle

EVC
Electric Vehicle Charger

FCC
Federal Communications Commission

FDIC
Federal Deposit Insurance Corporation

FHA
Federal Housing Administration

FIIC
Field Impact Insulation Class. This is a field measurement to test the actual level of noise transmission into the unit below.

GAAP
Generally Accepted Accounting Principles. A set of rules, conventions, standards, and procedures for reporting financial information.

HOA
Homeowners Association

HUD
Housing and Urban Development Department of the federal government

HVAC
Heating, Ventilation and Air Conditioning

lOR
Internal Dispute Resolution

MUD
Mixed Use Development

PO
Planned Development

POA
Property Owners Association

PUD
Same as a PD. Planned Unit Development

TIC
Tenants in Common. TIC own an undivided interest in property

TRO
Temporary Restraining Order

 

HOA Financial Management Services
818-991-1500