EDI 206 Real Estate Inspection

Functional Group MG

X12F Finance Subcommittee

This Draft Standard for Trial Use 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.

Heading

Position
Segment
Name
Max use
  1. To indicate the start of a transaction set and to assign a control number

  2. To indicate the beginning of a transaction set

  3. To specify any or all of a date, a time, or a time period

  4. To provide a free-form format that allows the transmission of text information

  5. 0100 Loop Optional
    Repeat >1
    1. To identify a party by type of organization, name, and code

      Loop 0100 identifies all parties associated with the Real Estate Inspection.
    2. To specify additional names or those longer than 35 characters in length

    3. To specify the location of the named party

    4. To specify the geographic place of the named party

    5. To specify identifying information

    6. To identify a person or office to whom administrative communications should be directed

Detail

Position
Segment
Name
Max use
  1. 0200 Loop Mandatory
    Repeat >1
    1. To specify service characteristic data

      Loop 0200 provides instructions and information pertaining to a property inspection and identifies the recommendations and observations of the property.
      The SI segment identifies the type of inspection being requested or completed.
    2. To transmit identifying information as specified by the Reference Identification Qualifier

      The N9 segment identifies a unique number associated with this inspection.
    3. Used to identify the agency case number, loan number, real estate loan type, pool type and amortization terms

      The RLT segment provides information pertaining to the guarantor and guarantor case number.
    4. To indicate the condition of real estate property and, if applicable, the actions needed to correct damage

    5. To specify information about the loan

    6. To identify the type and transmission of paperwork or supporting information

    7. To identify a person or office to whom administrative communications should be directed

    8. To specify any or all of a date, a time, or a time period

    9. To indicate the total monetary amount

    10. To transmit information in a free-form format, if necessary, for comment or special instruction

      The NTE Segment provides additional information regarding partially occupied multiple unit properties, fee description of special inspection charges, or other special inspection instructions.
    11. To specify pricing information

    12. 0210 Loop Optional
      Repeat >1
      1. To provide identification of an individual or entity

        Loop 0210 provides information about the borrower associated with the property.
      2. To sequence individual name components for maximum specificity

      3. To specify the location of the named party

      4. To specify the geographic place of the named party

      5. To specify identifying information

      6. To identify a person or office to whom administrative communications should be directed

    13. 0220 Loop Mandatory
      Repeat >1
      1. To define the attributes of a property or an entity

        Loop 0220 provides information about the property involved in the inspection.
      2. To define types and values for geographic location of real estate property

      3. To provide specifics on property or legal description; this segment provides for a simple legal description such as lot, block and subdivision

      4. To describe real estate property by boundary lines with their terminal points and angles; this segment defines legal boundaries of real estate property

      5. To provide a description of real estate or general property information

      6. To report information

      7. To indicate the condition of real estate property and, if applicable, the actions needed to correct damage

      8. To specify any or all of a date, a time, or a time period

      9. To identify and answer yes and no questions, including the date, time, and comments further qualifying the condition

        The YNQ segment provides the answers to statements about the property to assist the inspector. It also provides a response to statements regarding the inspector's observation of the property.
      10. To transmit information in a free-form format, if necessary, for comment or special instruction

      11. To identify the type and transmission of paperwork or supporting information

      12. To identify a person or office to whom administrative communications should be directed

      13. To indicate the total monetary amount

      14. To specify pricing information

      15. 0221 Loop Optional
        Repeat >1
        1. To identify a party by type of organization, name, and code

          Loop 0221 identifies the information obtained by interviews conducted during the inspection.
        2. To specify additional names or those longer than 35 characters in length

        3. To specify the location of the named party

        4. To specify the geographic place of the named party

        5. To identify a person or office to whom administrative communications should be directed

        6. To supply information on conditions

        7. To specify mortgage loan default information

        8. To identify and answer yes and no questions, including the date, time, and comments further qualifying the condition

          The YNQ segment provides for responses by the interviewee about the status of the property and its occupant(s).
        9. To indicate the total monetary amount

        10. To transmit information in a free-form format, if necessary, for comment or special instruction

        11. To identify borrower's financial obligation

        12. To provide type and amount of income obtained

        13. To specify quantity information

  2. To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)

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