PTS Property Tax Status
PTS Property Tax Status
To provide data required for proper notification or determination of applicable taxes applying to the transaction
Position
Element
Name
Type
Requirement
Min
Max
Repeat
PTS-01
Status Code
Identifier (ID)
Mandatory
2
2
-
Code identifying the status of a business transaction, such as a claim, policy, real estate, or securities transaction
PTS01 contains the property's tax status.
PTS-02
Reference Identification
String (AN)
Mandatory
1
80
-
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
PTS02 contains the current year tax bill number.
PTS-03
Tax Service Payment Code
Identifier (ID)
Optional
1
1
-
Code identifying the tax payment requirements of a taxing authority
PTS-04
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
-
Code indicating the date format, time format, or date and time format
PTS-05
Date Time Period
String (AN)
Conditional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times
PTS05 is the current tax year.
PTS-06
Status Code
Identifier (ID)
Optional
2
2
-
Code identifying the status of a business transaction, such as a claim, policy, real estate, or securities transaction
PTS06 is the current Tax Year Payment Status.
PTS-07
Tax Jurisdiction Code Qualifier
Identifier (ID)
Conditional
2
2
-
Code identifying the source of the data used in tax jurisdiction code
If PTS07 is not equal to "MB", then PTS09 is required.
PTS-08
Tax Jurisdiction Code
String (AN)
Conditional
1
10
-
Code identifying the taxing jurisdiction
PTS-09
Description
String (AN)
Conditional
1
80
-
A free-form description to clarify the related data elements and their content
PTS09 contains the name of the tax agency.
PTS-10
Type of Taxing Authority Code
Identifier (ID)
Optional
2
2
-
Code identifying type of real estate taxing authority or other taxing authority
PTS-11
Status Code
Identifier (ID)
Optional
2
2
-
Code identifying the status of a business transaction, such as a claim, policy, real estate, or securities transaction
PTS11 contains the status of the taxing authority.