NASA, Get instant explanation for any acronym or abbreviation that hits you anywhere on the web. This lease is a standard form of a lease. They are useful. . A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries. PSP, HIPAA These words no longer have the feel or look of an acronym but are used widely in real estate documents. However, abbreviations can also obscure meaning and make a straightforward real estate contract sound like a foreign language or a treatise on a tropical disease. For instance, "ASB" is short for "asbestos siding"--a dangerous construction material banned in most states, "alm" stands for "aluminum siding," "atfn" tells you a house has an "attic fan" and "bot" indicates a "boat slip" on the property. List of 170 ATAC definitions. However, POA can also stand for "power of attorney." Find out what is the full meaning of ATACS on! "global warming" Abbreviations have their place in writing. Word(s) in meaning: chat  Examples: NFL, "ATACS." Acronym Finder, All Rights Reserved. Namely, a CMA involves doing a comparison of on-the-market or recently sold homes in the same geographic area and with similar characteristics of the property up for grabs. Real estate designations. Initials, such as "FHA" (Federal Housing Administration) and "HUD" (Housing and Urban Development Department) are used widely in real estate documents. Don't be afraid to ask questions; most real estate abbreviations are technical terms you have no business knowing if you do not work in the industry. You could also find this term in some contracts as "rent w/Opt-Buy.". What does ATAC stand for? EMC. Initials are not strictly an abbreviation, but often they are so similar it is hard to set them apart. Real estate contracts will often include abbreviations when describing the materials and structures on a property. Adding a real estate designation to your resume can make you more versatile and valuable in the industry. showing only Business & Finance definitions . Can Late Fees Be Deducted for a Tenant's Security Deposit? STANDS4 LLC, 2020. © 1988-2020, Another example is "R/OPT" which is short for "rent with option to buy." The meaning of some abbreviations in real estate can rely strongly on the context. 'Army Tactical Communications System' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. TransDomo Real Estate: Abbreviations In Real Estate, California Department of Real Estate: Reference Book. © Copyright 2020 Hearst Communications, Inc. Each landlord of residential premises must provide two duplicate originals of this Standard Form of Lease for the Landlord and the Tenant to sign. Fees described in contracts are often abbreviated, which can obscure their cost and purpose. Postal codes: USA: 81657, Canada: T5A 0A7, Your abbreviation search returned 51 meanings, showing only Business & Finance definitions (show all 51 definitions), Note: We have 97 other definitions for ATAC in our Acronym Attic, The Acronym Finder is Updated May 2020. Top ATAC abbreviation meaning: Advanced Thermal Acquisition Camera Abbreviations have their place in writing. Don't let abbreviations get in the way of understanding the meaning of the real estate contracts you sign. Real Estate Contract Abbreviations. He is the owner of, a company based in Charlottesville, Virginia, which provides writing, interpreting and translating services for English and Spanish audiences. In real estate, a lot or plot is a tract or parcel of land owned or meant to be owned by some owner(s). Andrew Latham is a seasoned copywriter for both print and online publishers. Feedback, The World's most comprehensive professionally edited abbreviations and acronyms database,, Artelisys Technical Assistance Center (Ewa Beach, HI). For example, "frog" is short for "finished room over garage," and "fisbo" means for "for sale by owner." Additions to this lease must appear on both duplicate originals of the lease. This lease is acknowledged by the Residential Tenancies Act, Acts of New Brunswick. Your abbreviation search returned 51 meanings. List of 381 TAR definitions. What Is an Executed Contract in Real Estate? Real estate agents conduct a CMA, or comparative market analysis, to help their clients determine an offer or listing price at which to buy or sell a home, respectively. Link/Page Citation Category Filters; All definitions (51) Information Technology (4) Military & Government (20) Science & Medicine (8) Organizations, Schools, etc. They are useful. Top TAR abbreviation meanings updated October 2020 Web. 30 Oct. 2020. Looking for the definition of ATACS? ,random What does TAR stand for? There is no reason you should know "SWR" is shorthand for "sewer," "PRTL" indicates "partial" and "SECSY" is not something sexually attractive, but rather a "security system.". He has a Bachelor of Science, majoring in English, a diploma in linguistics and a special interest in finance, science, languages and travel. What does ATAC stand for? Examples are "HOA fees" (homeowners association fees) and "MOPOA" (monthly POA fee). Advanced Target Acquisition Counterfire System, Automated Tactical Ammunition Classification System, Advanced Train Administration and Communication System, ATAC - ATACC - ATACMS - ATACO - ATACOMAP - ATACT - ATAD - ATADS - ATAE - ATAF. Ask your broker or agent to explain any word you don't understand and arm yourself with a good real estate glossary before signing any real estate contract. We're doing our best to make sure our content is useful, accurate and safe.If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly. POA is, in this instance, an acronym for "price on application."

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