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 C047 Composite Type of Real Estate Asset Code Composite (composite) Mandatory 1

01 · 1074 · Type of Real Estate Asset Code · Identifier (ID) · Mandatory · 2 · 2 · -

Code identifying the nature of a real estate

C047-01 is used to identify the type of property structure (i.e., Attached, Detached) or a summary level type of real estate description.

02 · 1074 · Type of Real Estate Asset Code · Identifier (ID) · Optional · 2 · 2 · -

Code identifying the nature of a real estate

C047-02 is used to identify the type of property construction (i.e., Site Built, Manufactured, Mobile Home).

03 · 1074 · Type of Real Estate Asset Code · Identifier (ID) · Optional · 2 · 2 · -

Code identifying the nature of a real estate

C047-03 is used to further describe property structure, the unit relationship to the structure, or its site or other structures (i.e., High Rise, Zero Lot Line, Stacked).

04 · 1074 · Type of Real Estate Asset Code · Identifier (ID) · Conditional · 2 · 2 · -

Code identifying the nature of a real estate

C047-04 is used to describe the real estate development project.

05 · 1074 · Type of Real Estate Asset Code · Identifier (ID) · Optional · 2 · 2 · -

Code identifying the nature of a real estate

C0504: If C047-05 is present, then C047-04 is required

C047-05 is used to describe the master or umbrella real estate development project if any.

REA-02 · 380 · Quantity · Decimal number (R) · Optional · 1 · 15 · 1

Numeric value of quantity

REA02 is the number of living units.

REA-03 · 373 · Date · Date (DT) · Optional · 8 · 8 · 1

Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year

REA03 is the date the property was acquired.

REA-04 · 1078 · Property Ownership Rights Code · Identifier (ID) · Optional · 1 · 1 · 1

Code identifying legal basis for property ownership or residence status

REA04 defines the property ownership (fee simple, leasehold).

If REA04 is "L" (Leasehold) then REA05 is the leasehold expiration date.

REA-05 · 373 · Date · Date (DT) · Optional · 8 · 8 · 1

Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year

REA05 is the leasehold expiration date.

REA-06 · 1075 · Status of Plans for Real Estate Asset Code · Identifier (ID) · Optional · 1 · 1 · 1

Code identifying plans for real estate

REA-07 · 1250 · Date Time Period Format Qualifier · Identifier (ID) · Conditional · 2 · 3 · 1

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 · 1251 · Date Time Period · String (AN) · Conditional · 1 · 35 · 1

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 C001 Composite Unit of Measure Composite (composite) Conditional 1

01 · 355 · Unit or Basis for Measurement Code · Identifier (ID) · Mandatory · 2 · 2 · -

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

02 · 1018 · Exponent · Decimal number (R) · Optional · 1 · 15 · -

Power to which a unit is raised

If C001-02 is not used, its value is to be interpreted as 1.

03 · 649 · Multiplier · Decimal number (R) · Optional · 1 · 10 · -

Value to be used as a multiplier to obtain a new value

If C001-03 is not used, its value is to be interpreted as 1.

04 · 355 · Unit or Basis for Measurement Code · Identifier (ID) · Optional · 2 · 2 · -

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

05 · 1018 · Exponent · Decimal number (R) · Optional · 1 · 15 · -

Power to which a unit is raised

If C001-05 is not used, its value is to be interpreted as 1.

06 · 649 · Multiplier · Decimal number (R) · Optional · 1 · 10 · -

Value to be used as a multiplier to obtain a new value

If C001-06 is not used, its value is to be interpreted as 1.

07 · 355 · Unit or Basis for Measurement Code · Identifier (ID) · Optional · 2 · 2 · -

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

08 · 1018 · Exponent · Decimal number (R) · Optional · 1 · 15 · -

Power to which a unit is raised

If C001-08 is not used, its value is to be interpreted as 1.

09 · 649 · Multiplier · Decimal number (R) · Optional · 1 · 10 · -

Value to be used as a multiplier to obtain a new value

If C001-09 is not used, its value is to be interpreted as 1.

10 · 355 · Unit or Basis for Measurement Code · Identifier (ID) · Optional · 2 · 2 · -

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

11 · 1018 · Exponent · Decimal number (R) · Optional · 1 · 15 · -

Power to which a unit is raised

If C001-11 is not used, its value is to be interpreted as 1.

12 · 649 · Multiplier · Decimal number (R) · Optional · 1 · 10 · -

Value to be used as a multiplier to obtain a new value

If C001-12 is not used, its value is to be interpreted as 1.

13 · 355 · Unit or Basis for Measurement Code · Identifier (ID) · Optional · 2 · 2 · -

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

14 · 1018 · Exponent · Decimal number (R) · Optional · 1 · 15 · -

Power to which a unit is raised

If C001-14 is not used, its value is to be interpreted as 1.

15 · 649 · Multiplier · Decimal number (R) · Optional · 1 · 10 · -

Value to be used as a multiplier to obtain a new value

If C001-15 is not used, its value is to be interpreted as 1.

REA-10 · 380 · Quantity · Decimal number (R) · Conditional · 1 · 15 · 1

Numeric value of quantity

REA10 is the value of the area measure.

REA-11 · 309 · Location Qualifier · Identifier (ID) · Optional · 1 · 2 · 1

Code identifying type of location

REA11 further defines the location of the real estate asset defined in REA01.

REA-12 · 127 · Reference Identification · String (AN) · Optional · 1 · 50 · 1

Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier

REA12 is used to identify an internal control number.

REA-13 · 1070 · Type of Residence Code · Identifier (ID) · Optional · 1 · 1 · 1

Code identifying type of residence

REA-14 · 1321 · Condition Indicator · Identifier (ID) · Optional · 2 · 2 · 1

Code indicating a condition

REA14 defines the physical status of the property structure.