REC Real Estate Condition
To indicate the condition of real estate property and, if applicable, the actions needed to correct damage
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Code specifying occupancy status of real estate property
REC01 specifies the occupancy status of the real estate property.
Code identifying property condition
Code identifying the damage to property
REC03 indicates specified damage types such as fire, flood, earthquake, etc.
Code indicating a Yes or No condition or response
REC04 indicates whether there was other (nonsurchargeable) damage, i.e., damage which may not be added to the lender's claim for mortgage insurance benefits. A "Y" indicates there was other damage; an "N" indicates there was not.
Numeric value of quantity
REC05 indicates the number of living units.
Code indicating a part of the property being inspected
C0602: If REC-06 is present, then REC-02 is required
Code indicating type of action
Code specifying the type of quantity
P0809: If either REC-08 or REC-09 is present, then the other is required
L08060709101213: If REC-08 is present, then at least one of REC-06, REC-07, REC-09, REC-10, REC-12 or REC-13 is required
Numeric value of quantity
C0906: If REC-09 is present, then REC-06 is required
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
Power to which a unit is raised
If C001-02 is not used, its value is to be interpreted as 1.
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.
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
Power to which a unit is raised
If C001-05 is not used, its value is to be interpreted as 1.
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.
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
Power to which a unit is raised
If C001-08 is not used, its value is to be interpreted as 1.
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.
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
Power to which a unit is raised
If C001-11 is not used, its value is to be interpreted as 1.
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.
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
Power to which a unit is raised
If C001-14 is not used, its value is to be interpreted as 1.
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.
Code indicating the method used to verify the occupancy of the property
Code identifying the functional area or purpose for which the note applies
C1213: If REC-12 is present, then REC-13 is required
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