EDI 265 Real Estate Title Insurance Services Order
Functional Group TO
X12F Finance Subcommittee
This Draft Standard for Trial Use contains the format and establishes the data contents for the Real Estate Title Insurance Services Order (265) Transaction Set for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set can be used by a real estate agent, mortgage lender, or other real estate company to order, update, or cancel title services from a title insurance services company. This standard can also be used by the title services company to return title information to the party originating the order. This transaction set replaces the paper forms used to request services such as title searches and insurance, and replaces mortgage closing documents.
Heading
- 010Transaction Set HeaderMandatoryMax 1
To indicate the start of a transaction set and to assign a control number
- 020Beginning SegmentMandatoryMax 1
To indicate the beginning of a transaction set
- N1 Loop MandatoryRepeat 5
- 030NameMandatoryMax 1
To identify a party by type of organization, name, and code
The N1 loop is used to name the party requesting information. - 040Additional Name InformationOptionalMax 2
To specify additional names or those longer than 35 characters in length
- 050Address InformationOptionalMax 2
To specify the location of the named party
- 060Geographic LocationOptionalMax 1
To specify the geographic place of the named party
- 070Reference IdentificationOptionalMax 12
To specify identifying information
- 080Administrative Communications ContactOptionalMax 3
To identify a person or office to whom administrative communications should be directed
- 030NameMandatoryMax 1
Detail
- LX Loop MandatoryRepeat >1
- 010Assigned NumberMandatoryMax 1
To reference a line number in a transaction set
- 020Reference IdentificationMandatoryMax 12
To specify identifying information
The REF segment is used for the client's property reference number. - 030Property Description/Legal DescriptionMandatoryMax 20
To provide specifics on property or legal description; this segment provides for a simple legal description such as lot, block and subdivision
The PDS segment is used to supply property description detail. This may be a simple legal description of the property such as lot, block, and subdivision. - 040Property Metes and Bounds DescriptionOptionalMax >1
To describe real estate property by boundary lines with their terminal points and angles; this segment defines legal boundaries of real estate property
The PDE segment provides for the transmission of a Property Metes and Bounds legal description. This type of description generally consists of several points of reference and a series of directions, angles, and distances. - 050Property or Entity IdentificationOptionalMax 1
To define the attributes of a property or an entity
- 060Real Estate Property ID ComponentOptionalMax 30
To define types and values for geographic location of real estate property
- 070Mortgage Loan Product DescriptionOptionalMax 1
To describe terms of a mortgage product
- 080Mortgage Characteristics RequestedOptionalMax 1
To describe the characteristics of a mortgage requested by the applicant(s)
- 090Loan Specific DataOptionalMax 1
To provide high-level information about a loan
- 100Message TextOptionalMax 100
To provide a free-form format that allows the transmission of text information
- IN1 Loop OptionalRepeat >1
- 110Individual IdentificationMandatoryMax 1
To provide identification of an individual or entity
- 120Individual Name Structure ComponentsOptionalMax 30
To sequence individual name components for maximum specificity
- 130Demographic InformationOptionalMax 1
To supply demographic information
- 140Financial ParticipationOptionalMax 1
Defines nature of participation in financial account
- N4 Loop OptionalRepeat >1
- 150Geographic LocationMandatoryMax 1
To specify the geographic place of the named party
- 160Address InformationOptionalMax 2
To specify the location of the named party
- 170Administrative Communications ContactOptionalMax 4
To identify a person or office to whom administrative communications should be directed
- 150Geographic LocationMandatoryMax 1
- 110Individual IdentificationMandatoryMax 1
- MCD Loop OptionalRepeat >1
- 180Mortgage Closing DataMandatoryMax 1
To provide details about loan settlement
- 190Monetary AmountOptionalMax 50
To indicate the total monetary amount
- 180Mortgage Closing DataMandatoryMax 1
- N1 Loop OptionalRepeat >1
- 200NameMandatoryMax 1
To identify a party by type of organization, name, and code
- 210Additional Name InformationOptionalMax 2
To specify additional names or those longer than 35 characters in length
- 220Address InformationOptionalMax 2
To specify the location of the named party
- 230Geographic LocationOptionalMax 1
To specify the geographic place of the named party
- 240Reference IdentificationOptionalMax 12
To specify identifying information
- 250Administrative Communications ContactOptionalMax 3
To identify a person or office to whom administrative communications should be directed
- 260Monetary AmountOptionalMax 2
To indicate the total monetary amount
- 200NameMandatoryMax 1
- TIS Loop OptionalRepeat >1
- 270Title Insurance ServicesMandatoryMax 1
To provide the type, extent, and dates for title insurance service
- 280Monetary AmountOptionalMax 30
To indicate the total monetary amount
- 270Title Insurance ServicesMandatoryMax 1
- PWK Loop OptionalRepeat 5
- 290PaperworkMandatoryMax 1
To identify the type and transmission of paperwork or supporting information
- 300NameOptionalMax 1
To identify a party by type of organization, name, and code
- 310Additional Name InformationOptionalMax 2
To specify additional names or those longer than 35 characters in length
- 320Address InformationOptionalMax 2
To specify the location of the named party
- 330Geographic LocationOptionalMax 1
To specify the geographic place of the named party
- 340Reference IdentificationOptionalMax 12
To specify identifying information
- 350Administrative Communications ContactOptionalMax 3
To identify a person or office to whom administrative communications should be directed
- 290PaperworkMandatoryMax 1
- 010Assigned NumberMandatoryMax 1
- 355Loop HeaderOptionalMax 1
To indicate that the next segment begins a loop
- TIS Loop OptionalRepeat >1
- 360Title Insurance ServicesMandatoryMax 1
To provide the type, extent, and dates for title insurance service
- 370Monetary AmountOptionalMax 30
To indicate the total monetary amount
- 380Message TextOptionalMax 100
To provide a free-form format that allows the transmission of text information
- 360Title Insurance ServicesMandatoryMax 1
- 385Loop TrailerOptionalMax 1
To indicate that the loop immediately preceding this segment is complete
- 390Transaction Set TrailerMandatoryMax 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)