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HOA Abbreviations and Acronyms


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

AAMC:   Accredited Association Management Company. This is a manager certification issued by the Community Associations Institute.

AC:   Architectural Committee.

ADA:   Americans with Disabilities Act.

ADR:   Alternative Dispute Resolution.

AG:   Attorney General.

AICPA:   American Institute of Certified Public Accountants.

AMS:   Association Management Specialist. This is a manager certification issued by the California Association of Community Managers.

ARC:   Architectural Review Committee.

CACM:   California Association of Community Managers.

CAI:   Community Associations Institute.

CCAM:   Certified Community Association Manager. This is a manager certification issued by the Community Associations Institute.

CC&Rs:   Declaration of Covenants, Conditions & Restrictions.

CD:   Certificate of Deposit.

CID:   Common Interest Development

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

CMCA:   Certified Manager of Community Associations. This is a manager certification issued by the National Board of Certification of Community Association Managers.

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.

DRE:   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.

HELOC:   Home Equity Line of Credit.

HOA:   Homeowners Association.

HUD:   Housing and Urban Development Department of the federal government.

HVAC:    Heating, Ventilation and Air Conditioning.

IDR:   Internal Dispute Resolution.

LSM:   Large-Scale Manager. This is a manager certification issued by the Community Associations Institute.

MUD:   Mixed Use Development.

NBC - CAM:   National Board of Certification of Community Association Managers.

PCAM:   Professional Community Association Manager. A manager certification issued by the Community Associations Institute.

PD:   Planned Development.

POA:   Property Owners Association.

PUD:   Same as a PD.

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

TRO:    Temporary Restraining Order. An emergency remedy which prevents a party from taking a specific action until the court has had an opportunity to hear arguments or evidence on an issue. TROs are issued for short periods.

 



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