REA Real Estate Property Information

To provide a description of real estate or general property information

Position
Element
Name
Type
Requirement
Min
Max
Repeat
REA-01
Type of Real Estate Asset Code
Identifier (ID)
Mandatory
2
2
-
Code identifying the nature of a real estate.
REA01 defines the type of real estate referenced.
REA-02
Quantity
Decimal number (R)
Optional
1
15
-
Numeric value of quantity.
REA02 is the number of living units.
REA-03
Date
Date (DT)
Optional
6
6
-
Date (YYMMDD).
REA03 is the date the property was acquired.
REA-04
Property Ownership Rights Code
Identifier (ID)
Optional
1
1
-
Code identifying legal basis for property ownership or residence status.
REA04 defines the property ownership (fee simple, leasehold).
If REA04 = L (Leasehold), then REA05 is the leasehold expiration date.
REA-05
Date
Date (DT)
Optional
6
6
-
Date (YYMMDD).
REA-06
Status of Plans for Real Estate Asset Code
Identifier (ID)
Optional
1
1
-
Code identifying plans for real estate.
REA-07
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
-
Code indicating the date format, time format, or date and time format.
P0708: If either REA-07 or REA-08 is present, then the other is required
REA07 defines the date format in REA08.
REA-08
Date Time Period
String (AN)
Conditional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times.
REA08 is the date the property was built.
REA-09
Unit or Basis for Measurement Code
Identifier (ID)
Conditional
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
REA09 is the unit of measure for property area.
REA-10
Quantity
Decimal number (R)
Optional
1
15
-
Numeric value of quantity.
C1009: If REA-10 is present, then REA-09 is required
REA10 is the value of the area measure.
REA-11
Location Qualifier
Identifier (ID)
Optional
1
2
-
Code identifying type of location.

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