RES Real Estate Sales Price Change
RES Real Estate Sales Price Change
To provide the type, source, and amount of real estate sales price changes
Position
Element
Name
Type
Requirement
Min
Max
Repeat
RES-01
Real Estate Sales Price Change Code
Identifier (ID)
Mandatory
1
1
-
Code identifying the type of real estate sales price change
RES-02
Source of Funds Code
Identifier (ID)
Optional
1
1
-
Code identifying the source of the funds
RES-03
Type of Funds Code
Identifier (ID)
Conditional
2
2
-
Code indicating the type of funds paid
If RES03 is "58 - Other", then RES05 is required.
RES-04
Monetary Amount
Decimal number (R)
Optional
1
18
-
Monetary amount
RES04 is the amount of the Real Estate Sales Price Change.
RES-05
Description
String (AN)
Optional
1
80
-
A free-form description to clarify the related data elements and their content
RES05 is a free-form description of the Real Estate Sales Price Change Type of Funds.
RES-06
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
-
Code indicating a Yes or No condition or response
RES06 indicates if the Real Estate Sales Price Change funds are pledged. A "Y" indicates that the funds are pledged, an "N" indicates that the funds are not pledged.
If RES06 is "Y - Yes" then RES07 is required.
RES-07
Date
Date (DT)
Optional
8
8
-
Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year
RES07 is the release date of the pledged funds.