To indicate the condition of real estate property and, if applicable, the actions needed to correct damage
Code specifying occupancy status of real estate property
REC01 specifies the occupancy status of the real estate property.
Code identifying property condition
Code identifying the damage to property
REC03 indicates specified damage types such as fire, flood, earthquake, etc.
Code indicating a Yes or No condition or response
REC04 indicates whether there was other (nonsurchargeable) damage, i.e., damage which may not be added to the lender's claim for mortgage insurance benefits. A "Y" indicates there was other damage; an "N" indicates there was not.
Numeric value of quantity
REC05 indicates the number of living units.
Code indicating a part of the property being inspected
Code indicating type of action
Code specifying the type of quantity
Numeric value of quantity
Code indicating the method used to verify the occupancy of the property
Code identifying the functional area or purpose for which the note applies
Free-form text