689 Occupancy Code
Code specifying occupancy status of real estate property
- Type
- Identifier (ID)
- Length
- Min 2 / Max 2
- Codes
| Code | Description |
|---|
| 01 | Vacant |
| 02 | Occupied |
| 03 | Borrower Occupied |
| 04 | Tenant Occupied |
| 05 | Adverse Occupied The property is occupied by unauthorized person(s), with or without the knowledge of the mortgagor |
| 06 | Unknown |
| 07 | Original Veteran Occupied Property is occupied by the original veteran who secured the Veterans Affairs loan for the property |
| 08 | Transferee Occupied Property is occupied by the individual to whom the Veterans Affairs mortgage on the property was transferred |