1187 Type of Account Code
Code defining the type of ownership
- Type
- Identifier (ID)
- Length
- Min 2 / Max 2
- Codes
| Code | Description | 
|---|
 | 01 | Sole (Individual) |  | 02 | Joint Ownership or Obligation in Severalty |  | 03 | Joint Owner or Obligation with the Right of Survivorship |  | 04 | Trust |  | 05 | Custodial |  | 06 | Corporate |  | 07 | Partnership |  | 08 | Authorized User |  | 09 | On Behalf Of |  | 10 | Terminated |  | 11 | Shared |  | 12 | Undesignated |  | 13 | Lessee |  | 14 | Contract for Deed Purchaser |  | 15 | Life Estate |  | 16 | Joint Contractual Liability |  | 17 | Joint Ownership |  | 18 | Nonapplicant Spouse |  | 19 | Participant |  | 20 | Maker (With Co-maker) |  | 21 | Co-maker |  | 22 | Borrower |  | 23 | Co-borrower |  | 24 | Borrower and Co-borrower |  | 25 | Joint with Spouse |  | 26 | Joint with Non-Spouse |  | 27 | Fee Simple |  | 28 | Leasehold |