EDI 206 Real Estate Inspection

Functional Group MG

X12F Finance Subcommittee

This X12 Transaction Set contains the format and establishes the data contents of the Real Estate Inspection Transaction Set (206) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used by mortgage lenders, insurance companies or others to initiate, modify or cancel a site inspection by a field service organization, home inspection company, insurance vendor or other industry participant. It can also be used by a field service organization, home inspection company, insurance inspection vendor, or other industry participant to report the results of a site inspection.

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. 0300 · DTP · Date or Time or Period · Max 1 · Optional

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

4. 0400 · MSG · Message Text · Max 1 · Optional

   To provide a free-form format that allows the transmission of text information

5. 0100 Loop Optional Repeat >1

   1. 0500 · N1 · Name · Max 1 · Mandatory

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

      Loop 0100 identifies all parties associated with the Real Estate Inspection.

   2. 0600 · N2 · Additional Name Information · Max 1 · Optional

      To specify additional names

   3. 0700 · N3 · Address Information · Max 2 · Optional

      To specify the location of the named party

   4. 0800 · N4 · Geographic Location · Max 1 · Optional

      To specify the geographic place of the named party

   5. 0900 · REF · Reference Identification · Max 2 · Optional

      To specify identifying information

   6. 1000 · PER · Administrative Communications Contact · Max 3 · Optional

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

Detail

1. 0200 Loop Mandatory Repeat >1

   1. 0100 · SI · Service Characteristic Identification · Max 1 · Mandatory

      To specify service characteristic data

      Loop 0200 provides instructions and information pertaining to a property inspection and identifies the recommendations and observations of the property.
      The SI segment identifies the type of inspection being requested or completed.

   2. 0200 · N9 · Reference Identification · Max 2 · Optional

      To transmit identifying information as specified by the Reference Identification Qualifier

      The N9 segment identifies a unique number associated with this inspection.

   3. 0300 · RLT · Real Estate Loan Type · Max 1 · Optional

      Used to identify the agency case number, loan number, real estate loan type, pool type and amortization terms

      The RLT segment provides information pertaining to the guarantor and guarantor case number.

   4. 0400 · REC · Real Estate Condition · Max 1 · Optional

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

   5. 0500 · LN · Loan Information · Max 1 · Optional

      To specify information about the loan

   6. 0600 · PWK · Paperwork · Max 5 · Optional

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

   7. 0700 · PER · Administrative Communications Contact · Max 2 · Optional

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

   8. 0800 · DTP · Date or Time or Period · Max 10 · Optional

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

   9. 0900 · AMT · Monetary Amount · Max 20 · Optional

      To indicate the total monetary amount

   10. 1000 · NTE · Note/Special Instruction · Max 5 · Optional

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

       The NTE Segment provides additional information regarding partially occupied multiple unit properties, fee description of special inspection charges, or other special inspection instructions.

   11. 1100 · CTP · Pricing Information · Max 1 · Optional

       To specify pricing information

   12. 0210 Loop Optional Repeat >1

       1. 1200 · IN1 · Individual Identification · Max 1 · Mandatory

          To provide identification of an individual or entity

          Loop 0210 provides information about the borrower associated with the property.

       2. 1300 · IN2 · Individual Name Structure Components · Max 12 · Optional

          To sequence individual name components for maximum specificity

       3. 1400 · N3 · Address Information · Max 2 · Optional

          To specify the location of the named party

       4. 1500 · N4 · Geographic Location · Max 1 · Optional

          To specify the geographic place of the named party

       5. 1600 · REF · Reference Identification · Max 1 · Optional

          To specify identifying information

       6. 1700 · PER · Administrative Communications Contact · Max 5 · Optional

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

   13. 0220 Loop Mandatory Repeat >1

       1. 1800 · NX1 · Property or Entity Identification · Max 1 · Mandatory

          To define the attributes of a property or an entity

          Loop 0220 provides information about the property involved in the inspection.

       2. 1900 · NX2 · Location ID Component · Max >1 · Mandatory

          To define types and values of a geographic location

       3. 2000 · 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

       4. 2100 · 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

       5. 2200 · REA · Real Estate Property Information · Max 1 · Optional

          To provide a description of real estate or general property information

       6. 2300 · III · Information · Max 5 · Optional

          To report information

       7. 2400 · REC · Real Estate Condition · Max >1 · Optional

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

       8. 2500 · DTP · Date or Time or Period · Max 2 · Optional

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

       9. 2600 · YNQ · Yes/No Question · Max 20 · Optional

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

          The YNQ segment provides the answers to statements about the property to assist the inspector. It also provides a response to statements regarding the inspector's observation of the property.

       10. 2700 · NTE · Note/Special Instruction · Max 10 · Optional

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

       11. 2800 · PWK · Paperwork · Max 2 · Optional

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

       12. 2900 · PER · Administrative Communications Contact · Max 2 · Optional

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

       13. 3000 · AMT · Monetary Amount · Max 20 · Optional

           To indicate the total monetary amount

       14. 3100 · CTP · Pricing Information · Max 1 · Optional

           To specify pricing information

       15. 0221 Loop Optional Repeat >1

           1. 3200 · N1 · Name · Max 1 · Mandatory

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

              Loop 0221 identifies the information obtained by interviews conducted during the inspection.

           2. 3300 · N2 · Additional Name Information · Max 10 · Optional

              To specify additional names

           3. 3400 · N3 · Address Information · Max 2 · Optional

              To specify the location of the named party

           4. 3500 · N4 · Geographic Location · Max 1 · Optional

              To specify the geographic place of the named party

           5. 3600 · PER · Administrative Communications Contact · Max 1 · Optional

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

           6. 3700 · CRC · Conditions Indicator · Max 1 · Optional

              To supply information on conditions

           7. 3800 · DFI · Default Information · Max 5 · Optional

              To specify mortgage loan default information

           8. 3900 · YNQ · Yes/No Question · Max 10 · Optional

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

              The YNQ segment provides for responses by the interviewee about the status of the property and its occupant(s).

           9. 4000 · AMT · Monetary Amount · Max 5 · Optional

              To indicate the total monetary amount

           10. 4100 · NTE · Note/Special Instruction · Max 10 · Optional

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

           11. 4200 · OBI · Obligation Information · Max >1 · Optional

               To identify borrower's financial obligation

           12. 4300 · AIN · Income · Max 10 · Optional

               To provide type and amount of income obtained

           13. 4400 · QTY · Quantity · Max 3 · Optional

               To specify quantity information

2. 4500 · 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)