206 Real Estate Inspection

Functional Group MG

X12F Finance Subcommittee

This X12 Transaction Set 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
0100
Transaction Set HeaderMandatory
Max 1
To indicate the start of a transaction set and to assign a control number
0200
Beginning SegmentMandatory
Max 1
To indicate the beginning of a transaction set
0300
Date or Time or PeriodOptional
Max 1
To specify any or all of a date, a time, or a time period
0400
Message TextOptional
Max 1
To provide a free-form format that allows the transmission of text information
0100 Loop
Repeat >1
0500
Party IdentificationMandatory
Max 1
To identify a party by type of organization, name, and code
Loop 0100 identifies all parties associated with the Real Estate Inspection.
0700
Party LocationOptional
Max 2
To specify the location of the named party
0800
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
0900
Reference InformationOptional
Max 2
To specify identifying information
1000
Administrative Communications ContactOptional
Max 3
To identify a person or office to whom administrative communications should be directed

Detail

Position
Segment
Name
Max use
0200 Loop
Repeat >1
0100
Service Characteristic IdentificationMandatory
Max 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.
0200
Extended Reference InformationOptional
Max 2
To transmit identifying information as specified by the Reference Identification Qualifier
The N9 segment identifies a unique number associated with this inspection.
0300
Real Estate Loan TypeOptional
Max 1
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.
0400
Real Estate ConditionOptional
Max 1
To indicate the condition of real estate property and, if applicable, the actions needed to correct damage
0500
Loan InformationOptional
Max 1
To specify information about the loan
0600
PaperworkOptional
Max 5
To identify the type or transmission or both of paperwork or supporting information
0700
Administrative Communications ContactOptional
Max 2
To identify a person or office to whom administrative communications should be directed
0800
Date or Time or PeriodOptional
Max 10
To specify any or all of a date, a time, or a time period
0900
Monetary Amount InformationOptional
Max 20
To indicate the total monetary amount
1000
Note/Special InstructionOptional
Max 5
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.
1100
Pricing InformationOptional
Max 1
To specify pricing information
0210 Loop
Repeat >1
1200
Individual IdentificationMandatory
Max 1
To provide identification of an individual or entity
Loop 0210 provides information about the borrower associated with the property.
1300
Individual Name Structure ComponentsOptional
Max 12
To sequence individual name components for maximum specificity
1400
Party LocationOptional
Max 2
To specify the location of the named party
1500
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
1600
Reference InformationOptional
Max 1
To specify identifying information
1700
Administrative Communications ContactOptional
Max 5
To identify a person or office to whom administrative communications should be directed
0220 Loop
Repeat >1
1800
Property or Entity IdentificationMandatory
Max 1
To define the attributes of a property or an entity
Loop 0220 provides information about the property involved in the inspection.
1900
Location ID ComponentMandatory
Max >1
To define types and values of a geographic location
2000
Property Description/Legal DescriptionOptional
Max >1
To provide specifics on property or legal description; this segment provides for a simple legal description such as lot, block and subdivision
2100
Property Metes and Bounds DescriptionOptional
Max >1
To describe real estate property by boundary lines with their terminal points and angles; this segment defines legal boundaries of real estate property
2200
Real Estate Property InformationOptional
Max 1
To provide a description of real estate or general property information
2300
InformationOptional
Max 5
To report information
2400
Real Estate ConditionOptional
Max >1
To indicate the condition of real estate property and, if applicable, the actions needed to correct damage
2500
Date or Time or PeriodOptional
Max 2
To specify any or all of a date, a time, or a time period
2600
Yes/No QuestionOptional
Max 20
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.
2700
Note/Special InstructionOptional
Max 10
To transmit information in a free-form format, if necessary, for comment or special instruction
2800
PaperworkOptional
Max 2
To identify the type or transmission or both of paperwork or supporting information
2900
Administrative Communications ContactOptional
Max 2
To identify a person or office to whom administrative communications should be directed
3000
Monetary Amount InformationOptional
Max 20
To indicate the total monetary amount
3100
Pricing InformationOptional
Max 1
To specify pricing information
0221 Loop
Repeat >1
3200
Party IdentificationMandatory
Max 1
To identify a party by type of organization, name, and code
Loop 0221 identifies the information obtained by interviews conducted during the inspection.
3400
Party LocationOptional
Max 2
To specify the location of the named party
3500
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
3600
Administrative Communications ContactOptional
Max 1
To identify a person or office to whom administrative communications should be directed
3700
Conditions IndicatorOptional
Max 1
To supply information on conditions
3800
Default InformationOptional
Max 5
To specify mortgage loan default information
3900
Yes/No QuestionOptional
Max 10
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).
4000
Monetary Amount InformationOptional
Max 5
To indicate the total monetary amount
4100
Note/Special InstructionOptional
Max 10
To transmit information in a free-form format, if necessary, for comment or special instruction
4200
Obligation InformationOptional
Max >1
To identify borrower's financial obligation
4300
IncomeOptional
Max 10
To provide type and amount of income obtained
4400
Quantity InformationOptional
Max 3
To specify quantity information
4500
Transaction Set TrailerMandatory
Max 1
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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