EDI 245 Real Estate Tax Service Response

Functional Group ME

X12F Finance Subcommittee

This X12 Transaction Set (DSTU) contains the format and establishes the data content of the Real Estate Tax Response Transaction Set (245) for use within an Electronic Data Interchange (EDI) environment. This transaction set can be used to respond to requests for information, modifications to loan status, complete property tax data necessary for paying tax bills, or cancellations of real estate property data. This transaction set facilitates the transfer of property tax 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. 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 the requesting party, the service provider, lender, or any institution involved.

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

      To specify additional names

   3. 0500 · N3 · Address Information · Max 1 · 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 1 · Optional

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

Detail

1. HL Loop Mandatory Repeat >1

   1. 0100 · HL · Hierarchical Level · Max 1 · Mandatory

      To identify dependencies among and the content of hierarchically related groups of data segments

      The HL Loop identifies the appropriate loop identity: Alternate Taxing Authority (AJ), Amount Information (AM), Installments (IS), Loan Data (LN), Lender or Mortgage Company (LD), Party to the Loan (LP), Property Identification (PI), Property Tax (PK), Taxing Authority (TA), Tax Delinquency (TD), Tax Installment (TX). All levels are optional.

   2. 0200 · LN · Loan Information · Max 1 · Optional

      To specify information about the loan

   3. 0300 · MLA · Mortgage Loan Audit Information · Max 1 · Optional

      To specify audit information about the loan

   4. 0400 · ASM · Amount and Settlement Method · Max 1 · Optional

      Defines a participant's monetary commitment and settlement method

   5. 0500 · TA · Tax Authority · Max 1 · Optional

      To identify the property jurisdictions taxing authority

   6. 0600 · PTS · Property Tax Status · Max 1 · Optional

      To provide data required for proper notification or determination of applicable taxes applying to the transaction

   7. 0700 · TII · Tax Installment Information · Max 1 · Optional

      To provide the information on real estate taxes, including amounts

   8. 0800 · INC · Installment Information · Max 1 · Optional

      To specify installment billing arrangement

   9. 0900 · REF · Reference Identification · Max >1 · Optional

      To specify identifying information

   10. 1000 · DTP · Date or Time or Period · Max >1 · Optional

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

   11. NM1 Loop Optional Repeat >1

       1. 1100 · 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 all parties to the transaction for a specified loan: Lenders, Investors, Parties to the Loan and Tax authorities.

       2. 1200 · N2 · Additional Name Information · Max 1 · Optional

          To specify additional names

       3. 1300 · N3 · Address Information · Max 1 · Optional

          To specify the location of the named party

       4. 1400 · N4 · Geographic Location · Max 1 · Optional

          To specify the geographic place of the named party

       5. 1500 · REF · Reference Identification · Max 1 · Optional

          To specify identifying information

       6. 1600 · PER · Administrative Communications Contact · Max 1 · Optional

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

   12. NX1 Loop Optional Repeat >1

       1. 1700 · NX1 · Property or Entity Identification · Max 1 · Mandatory

          To define the attributes of a property or an entity

          The NX1 Loop is used to identify the property.

       2. 1800 · NX2 · Location ID Component · Max >1 · Optional

          To define types and values of a geographic location

       3. 1900 · 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. 2000 · 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. 2100 · TIA · Tax Information and Amount · Max >1 · Optional

          To specify the tax information and/or amount and to be used for tax information only as established by taxing authorities

       6. 2200 · REF · Reference Identification · Max >1 · Optional

          To specify identifying information

   13. TDT Loop Optional Repeat >1

       1. 2300 · TDT · Tax Delinquency Status · Max 1 · Mandatory

          To specify the tax delinquency status on real property

          The TDT Loop is used to define the delinquency information.

       2. REF Loop Optional Repeat >1

          1. 2400 · REF · Reference Identification · Max 1 · Mandatory

             To specify identifying information

             The REF Loop is used to further define the delinquency information.

          2. 2500 · DTP · Date or Time or Period · Max 1 · Optional

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

   14. AMT Loop Optional Repeat >1

       1. 2600 · AMT · Monetary Amount · Max 1 · Mandatory

          To indicate the total monetary amount

          The AMT Loop is used to identify the various tax amounts, installment, payment information and due date information.

       2. 2700 · REF · Reference Identification · Max 1 · Optional

          To specify identifying information

       3. 2800 · DTP · Date or Time or Period · Max 1 · Optional

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

Summary

1. 0100 · 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)