This X12 Transaction Set contains the format and establishes the data contents of the Real Estate Inspection Transaction Set (206) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used by mortgage lenders, insurance companies or others to initiate, modify or cancel a site inspection by a field service organization, home inspection company, insurance vendor or other industry participant. It can also be used by a field service organization, home inspection company, insurance inspection vendor, or other industry participant to report the results of a site inspection.
To indicate the start of a transaction set and to assign a control number
To indicate the beginning of a transaction set
To specify any or all of a date, a time, or a time period
To provide a free-form format that allows the transmission of text information
To identify a party by type of organization, name, and code
To specify additional names
To specify the location of the named party
To specify the geographic place of the named party
To specify identifying information
To identify a person or office to whom administrative communications should be directed
To specify service characteristic data
To transmit identifying information as specified by the Reference Identification Qualifier
Used to identify the agency case number, loan number, real estate loan type, pool type and amortization terms
To indicate the condition of real estate property and, if applicable, the actions needed to correct damage
To specify information about the loan
To identify the type or transmission or both of paperwork or supporting information
To identify a person or office to whom administrative communications should be directed
To specify any or all of a date, a time, or a time period
To indicate the total monetary amount
To transmit information in a free-form format, if necessary, for comment or special instruction
To specify pricing information
To provide identification of an individual or entity
To sequence individual name components for maximum specificity
To specify the location of the named party
To specify the geographic place of the named party
To specify identifying information
To identify a person or office to whom administrative communications should be directed
To define the attributes of a property or an entity
To define types and values of a geographic location
To provide specifics on property or legal description; this segment provides for a simple legal description such as lot, block and subdivision
To describe real estate property by boundary lines with their terminal points and angles; this segment defines legal boundaries of real estate property
To provide a description of real estate or general property information
To report information
To indicate the condition of real estate property and, if applicable, the actions needed to correct damage
To specify any or all of a date, a time, or a time period
To identify and answer yes and no questions, including the date, time, and comments further qualifying the condition
To transmit information in a free-form format, if necessary, for comment or special instruction
To identify the type or transmission or both of paperwork or supporting information
To identify a person or office to whom administrative communications should be directed
To indicate the total monetary amount
To specify pricing information
To identify a party by type of organization, name, and code
To specify additional names
To specify the location of the named party
To specify the geographic place of the named party
To identify a person or office to whom administrative communications should be directed
To supply information on conditions
To specify mortgage loan default information
To identify and answer yes and no questions, including the date, time, and comments further qualifying the condition
To indicate the total monetary amount
To transmit information in a free-form format, if necessary, for comment or special instruction
To identify borrower's financial obligation
To provide type and amount of income obtained
To specify quantity information
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)
