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.