262 Real Estate Information Report
262 Real Estate Information Report
Function Group ME
This Draft Standard for Trial Use contains the format and establishes the data contents of the Real Estate Information Report Transaction Set (262) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used for the transfer and reporting of real estate information among real estate industry participants.
Position
Segment
Name
Max Use
010
Transaction Set HeaderMandatory
Max 1
To indicate the start of a transaction set and to assign a control number
020
Beginning SegmentMandatory
Max 1
To indicate the beginning of a transaction set
025
TraceOptional
Max 1
To uniquely identify a transaction to an application
1000Loop
Optional
Repeat 5
030
Individual or Organizational NameMandatory
Max 1
To supply the full name of an individual or organizational entity
040
Additional Name InformationOptional
Max 1
To specify additional names or those longer than 35 characters in length
050
Address InformationOptional
Max 2
To specify the location of the named party
060
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
070
Administrative Communications ContactOptional
Max 1
To identify a person or office to whom administrative communications should be directed
080
Reference IdentificationOptional
Max >1
To specify identifying information
Position
Segment
Name
Max Use
2000Loop
Mandatory
Repeat >1
010
Assigned NumberMandatory
Max 1
To reference a line number in a transaction set
015
Informational ValuesOptional
Max >1
To specify a code and the amount or quantity or percentage associated with it
016
PaperworkOptional
Max 5
To identify the type or transmission or both of paperwork or supporting information
017
Specification IdentifierOptional
Max >1
To provide a description of the included specification or technical data items
018
CurrencyOptional
Max 1
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
2100Loop
Mandatory
Repeat >1
028
Property or Entity IdentificationMandatory
Max 1
To define the attributes of a property or an entity
030
Location ID ComponentMandatory
Max >1
To define types and values of a geographic location
050
Property Description/Legal DescriptionOptional
Max >1
To provide specifics on property or legal description; this segment provides for a simple legal description such as lot, block and subdivision
060
Property Metes and Bounds DescriptionOptional
Max >1
To describe real estate property by boundary lines with their terminal points and angles; this segment defines legal boundaries of real estate property
065
Real Estate Property InformationOptional
Max 1
To provide a description of real estate or general property information
070
QuantityOptional
Max 25
To specify quantity information
080
Reference IdentificationOptional
Max 30
To specify identifying information
090
Date or Time or PeriodOptional
Max 6
To specify any or all of a date, a time, or a time period
100
Yes/No QuestionOptional
Max 43
To identify and answer yes and no questions, including the date, time, and comments further qualifying the condition
105
Conditions IndicatorOptional
Max 10
To supply information on conditions
110
Monetary AmountOptional
Max 10
To indicate the total monetary amount
120
Percent AmountsOptional
Max 8
To qualify percent amounts and supply percent amounts
125
Real Estate ConditionOptional
Max 1
To indicate the condition of real estate property and, if applicable, the actions needed to correct damage
2110Loop
Optional
Repeat >1
126
MeasurementsMandatory
Max 1
To specify physical measurements or counts, including dimensions, tolerances, variances, and weights (See Figures Appendix for example of use of C001)
127
Activity or Process InformationOptional
Max 1
To provide information on activity or process
128
Note/Special InstructionOptional
Max 4
To transmit information in a free-form format, if necessary, for comment or special instruction
2120Loop
Optional
Repeat >1
130
InformationMandatory
Max 1
To report information
140
Message TextOptional
Max 10
To provide a free-form format that allows the transmission of text information
2130Loop
Optional
Repeat >1
142
Property or Housing ExpenseMandatory
Max 1
To provide housing expense information
144
Date or Time or PeriodOptional
Max 1
To specify any or all of a date, a time, or a time period
146
InformationOptional
Max >1
To report information
2140Loop
Optional
Repeat >1
150
Industry CodeMandatory
Max 1
Code to transmit standard industry codes
160
Reference IdentificationOptional
Max 1
To specify identifying information
170
QuantityOptional
Max 10
To specify quantity information
175
MeasurementsOptional
Max 10
To specify physical measurements or counts, including dimensions, tolerances, variances, and weights (See Figures Appendix for example of use of C001)
180
Monetary AmountOptional
Max 7
To indicate the total monetary amount
190
Message TextOptional
Max 3
To provide a free-form format that allows the transmission of text information
195
Date or Time or PeriodOptional
Max 2
To specify any or all of a date, a time, or a time period
197
IncomeOptional
Max 4
To provide type and amount of income obtained
198
InformationOptional
Max >1
To report information
2150Loop
Optional
Repeat >1
200
Real Estate TransactionMandatory
Max 1
Provides information related to current or historical real estate transactions such as multiple listings, sales and loans
210
Reference IdentificationOptional
Max >1
To specify identifying information
220
Date or Time or PeriodOptional
Max >1
To specify any or all of a date, a time, or a time period
230
Property Transaction FinancialsOptional
Max >1
To provide the financial information related to a real estate transaction such as list price, sales price, rent, commissions, fees, sales taxes and closing costs
240
QuantityOptional
Max >1
To specify quantity information
250
InformationOptional
Max >1
To report information
2151Loop
Optional
Repeat >1
260
Individual or Organizational NameMandatory
Max 1
To supply the full name of an individual or organizational entity
270
Additional Name InformationOptional
Max 1
To specify additional names or those longer than 35 characters in length
280
Address InformationOptional
Max 2
To specify the location of the named party
290
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
300
Administrative Communications ContactOptional
Max 1
To identify a person or office to whom administrative communications should be directed
310
Reference IdentificationOptional
Max >1
To specify identifying information
2152Loop
Optional
Repeat >1
320
Existing Real Estate Loan Specific DataMandatory
Max 1
To provide specific information about a real estate loan
330
Monetary AmountOptional
Max >1
To indicate the total monetary amount
340
Date or Time or PeriodOptional
Max >1
To specify any or all of a date, a time, or a time period
2200Loop
Optional
Repeat >1
350
Individual IdentificationMandatory
Max 1
To provide identification of an individual or entity
360
Individual Name Structure ComponentsMandatory
Max 10
To sequence individual name components for maximum specificity
370
Address InformationOptional
Max 2
To specify the location of the named party
380
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
390
Administrative Communications ContactOptional
Max 1
To identify a person or office to whom administrative communications should be directed
400
Date or Time or PeriodOptional
Max 2
To specify any or all of a date, a time, or a time period
405
Reference IdentificationOptional
Max >1
To specify identifying information
2210Loop
Optional
Repeat 10
410
Yes/No QuestionMandatory
Max 1
To identify and answer yes and no questions, including the date, time, and comments further qualifying the condition
420
Reference IdentificationMandatory
Max 1
To specify identifying information
430
Date or Time or PeriodOptional
Max 2
To specify any or all of a date, a time, or a time period
2211Loop
Optional
Repeat 50
440
InformationMandatory
Max 1
To report information
450
Message TextOptional
Max 10
To provide a free-form format that allows the transmission of text information
460
Transaction Set TrailerMandatory
Max 1
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)