REC Real Estate Condition

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

Position
Element
Name
Type
Requirement
Min
Max
Repeat
REC01
Occupancy Code
Identifier (ID)
Mandatory
2
2
1
Code specifying occupancy status of real estate property
REC01 specifies the occupancy status of the real estate property.
REC02
Real Estate Property Condition Code
Identifier (ID)
Conditional
2
2
1
Code identifying property condition
REC03
Property Damage Code
Identifier (ID)
Optional
1
2
1
Code identifying the damage to property
REC03 indicates specified damage types such as fire, flood, earthquake, etc.
REC04
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
1
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.
REC05
Quantity
Decimal number (R)
Optional
1
15
1
Numeric value of quantity
REC05 indicates the number of living units.
REC06
Property Inspection Qualifier
Identifier (ID)
Conditional
2
2
1
Code indicating a part of the property being inspected
C0602: If REC-06 is present, then REC-02 is required
REC07
Action Code
Identifier (ID)
Conditional
1
2
1
Code indicating type of action
REC08
Quantity Qualifier
Identifier (ID)
Conditional
2
2
1
Code specifying the type of quantity
P0809: If either REC-08 or REC-09 is present, then the other is required
L08060709101213: If REC-08 is present, then at least one of REC-06, REC-07, REC-09, REC-10, REC-12 or REC-13 is required
REC09
Quantity
Decimal number (R)
Conditional
1
15
1
Numeric value of quantity
C0906: If REC-09 is present, then REC-06 is required
REC10
Composite Unit of Measure
Composite (composite)
Conditional
1
01
Unit or Basis for Measurement Code
Identifier (ID)
Mandatory
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
02
Exponent
Decimal number (R)
Optional
1
15
-
Power to which a unit is raised
If C001-02 is not used, its value is to be interpreted as 1.
03
Multiplier
Decimal number (R)
Optional
1
10
-
Value to be used as a multiplier to obtain a new value
If C001-03 is not used, its value is to be interpreted as 1.
04
Unit or Basis for Measurement Code
Identifier (ID)
Optional
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
05
Exponent
Decimal number (R)
Optional
1
15
-
Power to which a unit is raised
If C001-05 is not used, its value is to be interpreted as 1.
06
Multiplier
Decimal number (R)
Optional
1
10
-
Value to be used as a multiplier to obtain a new value
If C001-06 is not used, its value is to be interpreted as 1.
07
Unit or Basis for Measurement Code
Identifier (ID)
Optional
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
08
Exponent
Decimal number (R)
Optional
1
15
-
Power to which a unit is raised
If C001-08 is not used, its value is to be interpreted as 1.
09
Multiplier
Decimal number (R)
Optional
1
10
-
Value to be used as a multiplier to obtain a new value
If C001-09 is not used, its value is to be interpreted as 1.
10
Unit or Basis for Measurement Code
Identifier (ID)
Optional
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
11
Exponent
Decimal number (R)
Optional
1
15
-
Power to which a unit is raised
If C001-11 is not used, its value is to be interpreted as 1.
12
Multiplier
Decimal number (R)
Optional
1
10
-
Value to be used as a multiplier to obtain a new value
If C001-12 is not used, its value is to be interpreted as 1.
13
Unit or Basis for Measurement Code
Identifier (ID)
Optional
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
14
Exponent
Decimal number (R)
Optional
1
15
-
Power to which a unit is raised
If C001-14 is not used, its value is to be interpreted as 1.
15
Multiplier
Decimal number (R)
Optional
1
10
-
Value to be used as a multiplier to obtain a new value
If C001-15 is not used, its value is to be interpreted as 1.
REC11
Occupancy Verification Code
Identifier (ID)
Optional
2
2
1
Code indicating the method used to verify the occupancy of the property
REC12
Note Reference Code
Identifier (ID)
Conditional
3
3
1
Code identifying the functional area or purpose for which the note applies
C1213: If REC-12 is present, then REC-13 is required
REC13
Free-form Message
String (AN)
Conditional
1
60
1
Free-form text

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