REA Real Estate Property Information
REA Real Estate Property Information
To provide a description of real estate or general property information
Position
Element
Name
Type
Requirement
Min
Max
Repeat
REA-01
Mandatory
-
REA01 defines the type of real estate referenced.
REA-02
Quantity
Decimal number (R)
Optional
1
15
-
Numeric value of quantity
REA02 is the number of living units.
REA-03
Date
Date (DT)
Optional
8
8
-
Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year
REA03 is the date the property was acquired.
REA-04
Property Ownership Rights Code
Identifier (ID)
Optional
1
1
-
Code identifying legal basis for property ownership or residence status
REA04 defines the property ownership (fee simple, leasehold).
If REA04 is "L" (Leasehold) then REA05 is the leasehold expiration date.
REA-05
Date
Date (DT)
Optional
8
8
-
Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year
REA05 is the leasehold expiration date.
REA-06
Status of Plans for Real Estate Asset Code
Identifier (ID)
Optional
1
1
-
Code identifying plans for real estate
REA-07
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
-
Code indicating the date format, time format, or date and time format
REA07 defines the date format in REA08.
REA-08
Date Time Period
String (AN)
Conditional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times
REA08 is the date the property was built.
REA-09
Conditional
-
REA09 is the unit of measure for property area.
REA-10
Quantity
Decimal number (R)
Conditional
1
15
-
Numeric value of quantity
REA10 is the value of the area measure.
REA-11
Location Qualifier
Identifier (ID)
Optional
1
2
-
Code identifying type of location
REA11 further defines the location of the real estate asset defined in REA01.
REA-12
Reference Identification
String (AN)
Optional
1
50
-
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
REA12 is used to identify an internal control number.
REA-13
Type of Residence Code
Identifier (ID)
Optional
1
1
-
Code identifying type of residence
REA-14
Condition Indicator
Identifier (ID)
Optional
2
3
-
Code indicating a condition
REA14 defines the physical status of the property structure.