EDI 261 Real Estate Information Request

Functional Group ME

X12F Finance Subcommittee

This Draft Standard for Trial Use contains the format and establishes the data content of the Real Estate Information Request Transaction Set (261) for use within an Electronic Data Interchange (EDI) environment. This transaction set can be used to initiate, modify or cancel a request for real estate information. This transaction set will be used to transfer information among real estate industry participants.

Heading

1. 0100 · ST · Transaction Set Header · Max 1 · Mandatory

   To indicate the start of a transaction set and to assign a control number

2. 0200 · BGN · Beginning Segment · Max 1 · Mandatory

   To indicate the beginning of a transaction set

3. 0250 · TRN · Trace · Max 1 · Optional

   To uniquely identify a transaction to an application

4. N1 Loop Optional Repeat 3

   1. 0300 · N1 · Name · Max 1 · Mandatory

      To identify a party by type of organization, name, and code

      The N1 loop is used to provide sender, receiver, and third party information.

   2. 0400 · N2 · Additional Name Information · Max 1 · Optional

      To specify additional names

   3. 0500 · N3 · Address Information · Max 2 · Optional

      To specify the location of the named party

   4. 0600 · N4 · Geographic Location · Max 1 · Optional

      To specify the geographic place of the named party

   5. 0700 · REF · Reference Identification · Max 1 · Optional

      To specify identifying information

   6. 0800 · PER · Administrative Communications Contact · Max 10 · Optional

      To identify a person or office to whom administrative communications should be directed

Detail

1. LX Loop Mandatory Repeat >1

   1. 0050 · LX · Assigned Number · Max 1 · Mandatory

      To reference a line number in a transaction set

      The LX loop contains all information necessary to complete real estate information request.

   2. 0070 · AM1 · Informational Values · Max >1 · Optional

      To specify a code and the amount or quantity or percentage associated with it

      The AM1 segment is used to specify the type of service or report being requested for the property.

   3. 0100 · DTP · Date or Time or Period · Max 1 · Optional

      To specify any or all of a date, a time, or a time period

   4. 0200 · REF · Reference Identification · Max >1 · Optional

      To specify identifying information

   5. 0210 · LN1 · Loan Specific Data · Max >1 · Optional

      To provide high-level information about a loan

      The LN1 segment is the loan information for the property.

   6. 0220 · AMT · Monetary Amount · Max >1 · Optional

      To indicate the total monetary amount

      The AMT segment is used to provide cost information for the expanded services.

   7. 0230 · QTY · Quantity · Max >1 · Optional

      To specify quantity information

      The QTY segment is used to provide expanded loan or services information.

   8. 0260 · PWK · Paperwork · Max >1 · Optional

      To identify the type or transmission or both of paperwork or supporting information

      The PWK segment is used to specify any special report requirements for the requested service.

   9. 0270 · NTE · Note/Special Instruction · Max >1 · Optional

      To transmit information in a free-form format, if necessary, for comment or special instruction

   10. NM1 Loop Optional Repeat >1

       1. 0300 · NM1 · Individual or Organizational Name · Max 1 · Mandatory

          To supply the full name of an individual or organizational entity

          The NM1 loop is used to identify multiple real estate information ship-to and bill-to parties and any interested parties.

       2. 0400 · N2 · Additional Name Information · Max 1 · Optional

          To specify additional names

       3. 0500 · N3 · Address Information · Max 2 · Optional

          To specify the location of the named party

       4. 0600 · N4 · Geographic Location · Max 1 · Optional

          To specify the geographic place of the named party

       5. 0700 · REF · Reference Identification · Max 1 · Optional

          To specify identifying information

       6. 0800 · PER · Administrative Communications Contact · Max 10 · Optional

          To identify a person or office to whom administrative communications should be directed

       7. 0850 · DTP · Date or Time or Period · Max 2 · Optional

          To specify any or all of a date, a time, or a time period

   11. NX1 Loop Mandatory Repeat >1

       1. 0900 · NX1 · Property or Entity Identification · Max 1 · Mandatory

          To define the attributes of a property or an entity

          The NX1 loop contains real estate information and supplies a completed checklist of all relevant documents required by the real estate information provider.

       2. 1000 · NX2 · Location ID Component · Max >1 · Mandatory

          To define types and values of a geographic location

       3. 1100 · DTP · Date or Time or Period · Max 7 · Mandatory

          To specify any or all of a date, a time, or a time period

       4. 1200 · YNQ · Yes/No Question · Max 16 · Optional

          To identify and answer yes and no questions, including the date, time, and comments further qualifying the condition

       5. 1300 · REF · Reference Identification · Max 5 · Optional

          To specify identifying information

       6. 1400 · PDS · Property Description/Legal Description · Max >1 · Optional

          To provide specifics on property or legal description; this segment provides for a simple legal description such as lot, block and subdivision

       7. 1500 · PDE · Property Metes and Bounds Description · Max >1 · Optional

          To describe real estate property by boundary lines with their terminal points and angles; this segment defines legal boundaries of real estate property

       8. 1600 · PEX · Property or Housing Expense · Max 5 · Optional

          To provide housing expense information

       9. 1700 · REC · Real Estate Condition · Max 1 · Optional

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

       10. 1800 · REA · Real Estate Property Information · Max 1 · Optional

           To provide a description of real estate or general property information

       11. 1900 · III · Information · Max 30 · Optional

           To report information

       12. 2000 · AM1 · Informational Values · Max >1 · Optional

           To specify a code and the amount or quantity or percentage associated with it

       13. 2100 · API · Activity or Process Information · Max 10 · Optional

           To provide information on activity or process

       14. 2200 · AMT · Monetary Amount · Max 10 · Optional

           To indicate the total monetary amount

       15. 2300 · QTY · Quantity · Max 10 · Optional

           To specify quantity information

       16. 2400 · PCT · Percent Amounts · Max 4 · Optional

           To qualify percent amounts and supply percent amounts

       17. 2500 · NTE · Note/Special Instruction · Max 10 · Optional

           To transmit information in a free-form format, if necessary, for comment or special instruction

       18. PWK Loop Optional Repeat >1

           1. 2550 · PWK · Paperwork · Max 1 · Mandatory

              To identify the type or transmission or both of paperwork or supporting information

              The PWK loop accommodates requests for paperwork to be returned within date or time requirements.

           2. 2560 · DTM · Date/Time Reference · Max 2 · Optional

              To specify pertinent dates and times

       19. IN1 Loop Optional Repeat >1

           1. 2600 · IN1 · Individual Identification · Max 1 · Mandatory

              To provide identification of an individual or entity

              The IN1 loop is used to identify the borrower, property owner, contact persons for access to the property, and any third party who needs to be notified to facilitate real estate information.

           2. 2700 · IN2 · Individual Name Structure Components · Max 10 · Optional

              To sequence individual name components for maximum specificity

           3. 2750 · III · Information · Max >1 · Optional

              To report information

           4. 2780 · REF · Reference Identification · Max >1 · Optional

              To specify identifying information

           5. 2800 · PER · Administrative Communications Contact · Max 2 · Optional

              To identify a person or office to whom administrative communications should be directed

           6. 2900 · DTM · Date/Time Reference · Max 2 · Optional

              To specify pertinent dates and times

              The DTM segment is used to provide the Best Time to Contact information.

2. 3000 · SE · Transaction Set Trailer · Max 1 · Mandatory

   To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)