262 - Real Estate Information Report

FUNCTIONAL GROUP=ME

This X12 Transaction Set contains the format and establishes the data contents of the Real Estate Information Report Transaction Set (262) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used for the transfer and reporting of real estate information among real estate industry participants.

SCHEMA

ST

Segment	Name	Position
ST	Transaction Set Header	0100
BGN	Beginning Segment	0200
TRN	Trace	0250

1000

Segment	Name	Position
NM1	Individual or Organizational Name	0300
N2	Additional Name Information	0400
N3	Party Location	0500
N4	Geographic Location	0600
PER	Administrative Communications Contact	0700
REF	Reference Information	0800

2000

Segment	Name	Position
LX	Transaction Set Line Number	0100
AM1	Informational Values	0150
PWK	Paperwork	0160
SPI	Specification Identifier	0170
CUR	Currency	0180

2100

Segment	Name	Position
NX1	Property or Entity Identification	0280
NX2	Location ID Component	0300
PDS	Property Description/Legal Description	0500
PDE	Property Metes and Bounds Description	0600
REA	Real Estate Property Information	0650
QTY	Quantity Information	0700
REF	Reference Information	0800
DTP	Date or Time or Period	0900
YNQ	Yes/No Question	1000
CRC	Conditions Indicator	1050
AMT	Monetary Amount Information	1100
PCT	Percent Amounts	1200
REC	Real Estate Condition	1250

2110

Segment	Name	Position
MEA	Measurements	1260
API	Activity or Process Information	1270
NTE	Note/Special Instruction	1280

2120

Segment	Name	Position
III	Information	1300
MSG	Message Text	1400

2130

Segment	Name	Position
PEX	Property or Housing Expense	1420
DTP	Date or Time or Period	1440
III	Information	1460

2140

Segment	Name	Position
LQ	Industry Code Identification	1500
REF	Reference Information	1600
QTY	Quantity Information	1700
MEA	Measurements	1750
AMT	Monetary Amount Information	1800
MSG	Message Text	1900
DTP	Date or Time or Period	1950
AIN	Income	1970
III	Information	1980

2150

Segment	Name	Position
RET	Real Estate Transaction	2000
REF	Reference Information	2100
DTP	Date or Time or Period	2200
PTF	Property Transaction Financials	2300
QTY	Quantity Information	2400
III	Information	2500

2151

Segment	Name	Position
NM1	Individual or Organizational Name	2600
N2	Additional Name Information	2700
N3	Party Location	2800
N4	Geographic Location	2900
PER	Administrative Communications Contact	3000
REF	Reference Information	3100

2152

Segment	Name	Position
LN2	Existing Real Estate Loan Specific Data	3200
AMT	Monetary Amount Information	3300
DTP	Date or Time or Period	3400

2200

Segment	Name	Position
IN1	Individual Identification	3500
IN2	Individual Name Structure Components	3600
N3	Party Location	3700
N4	Geographic Location	3800
PER	Administrative Communications Contact	3900
DTP	Date or Time or Period	4000
REF	Reference Information	4050

2210

Segment	Name	Position
YNQ	Yes/No Question	4100
REF	Reference Information	4200
DTP	Date or Time or Period	4300

2211

Segment	Name	Position
III	Information	4400
MSG	Message Text	4500
SE	Transaction Set Trailer	4600

COMMENTS

Notes
1/0300	The NM1 Loop is used to identify the real estate information provider, recipient, and bill-to information.
1/0800	The REF records the real estate information provider's ID and other reference information such as geographic coordinates.
2/0100	Each iteration of the LX loop is used to provide real estate information for the subject property.
2/0150	The AM1 segment records the real estate information service type and report type.
2/0160	The PWK segment records the real estate information type and form information.
2/0170	The SPI identifies and provides category information for any associated binary files such as property photographs, plat maps and floor plans.
2/0180	The CUR identifies the country currency used in the transaction. If the segment is not present then the default currency is U.S. Dollars.
2/0280	The NX1 Loop identifies the property address of the subject property and comparable property sales comparison information.
2/0500	The PDS records legal property identifiers and data sources.
2/0700	The QTY segment records the number of units, and amount of improvements finished above grade.
2/0800	The REF segment identifies the mortgage loan number, file number, Federal Housing Administration or Veterans Administration case number, map reference number, geographic coordinates, census tract, and site Federal Emergency Management Administration map information.
2/0900	The DTP identifies the tax year for real estate taxes, map date, date of sale, reconciliation date, appraisal date and other real estate information dates.
2/1000	The YNQ segment indicates the occupancy, property rights, project type, sales or refinancing, neighborhood characteristics, project information for Planned Urban Developments, corner lot, zoning compliance, best use, Federal Emergency Management Administration special flood hazard area, reconciliation appraisal basis information.
2/1100	The AMT segment records loan charges and concessions, reconciliation of appraised value, indicated value by sales comparison, indicated value by income, and other real estate amount information.
2/1200	The PCT segment records the neighborhood present land use percentage.
2/1300	The III Loop is used to identify neighborhood boundaries and characteristics, marketability, market condition information, and the property's attributes.
2/1420	The PEX Loop identifies the ongoing and recurring property expenses, real estate taxes and special assessments.
2/1440	The DTP records any dates associated with the property expense.
2/1460	The III records items included or covered by the expense or fee.
2/1500	The LQ Loop is used to identify the number, type and location of components within the subject property (e.g. lot, building, rooms, garage) including dimensions and attributes.
2/1980	The III records specific attributes or features of a property area.
2/2000	The RET Loop records both current and historical property transactions such as listings, sales and rentals. Each iteration of the RET Loop represents one real estate transaction.
2/2100	The REF records transaction identifiers such as Multiple Listing Service.
2/2200	The DTP records the real estate transaction dates such as listing date, sales date, expiration date, status dates, closing date, open house date, tour date.
2/2300	The PTF records all financial information associated with the real estate transaction such as list price, sales price, rent, commissions, transfer fees and closing costs. This segment is not used for ongoing property expenses.
2/2400	The QTY records transaction quantity information such as days on market and book quantities ordered.
2/2500	The III records transaction terms, remarks or miscellaneous information.
2/2600	The NM1 Loop records information about each transaction participant (agents, brokers, owners, etc.).
2/3100	The REF records the participant's ID and geographic coordinates.
2/3200	The LN2 Loop records specific loan information. Each loop is used for a different loan.
2/3300	The AMT specifies the loan amounts such as principal, balance and payments.
2/3400	The DTP records the loan dates.
2/3500	The IN1 Loop is used to identify lender or client, real estate information company, appraiser, supervisory appraiser information, local schools, fire districts, etc.
2/4100	The YNQ Loop is used to record certifications and changes made to the definition of market value, statement of limiting conditions, and appraiser certification.

rev 29/11/2024