EDI 261 Real Estate Information Request

Functional Group ME

X12F Finance Subcommittee

This X12 Transaction Set 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.

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Heading

Position

Segment

Name

Max use

0100Transaction Set HeaderMandatory->Max 1
To indicate the start of a transaction set and to assign a control number
0200Beginning SegmentMandatory->Max 1
To indicate the beginning of a transaction set
0250TraceOptional->Max 1
To uniquely identify a transaction to an application
N1 Loop Optional
Repeat 3
1. 0300Party IdentificationMandatory->Max 1
  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. 0400Additional Name InformationOptional->Max 1
  To specify additional names
3. 0500Party LocationOptional->Max 2
  To specify the location of the named party
4. 0600Geographic LocationOptional->Max 1
  To specify the geographic place of the named party
5. 0700Reference InformationOptional->Max 1
  To specify identifying information
6. 0800Administrative Communications ContactOptional->Max 10
  To identify a person or office to whom administrative communications should be directed

Detail

Position

Segment

Name

Max use

LX Loop Mandatory
Repeat >1
1. 0050Transaction Set Line NumberMandatory->Max 1
  To reference a line number in a transaction set
  The LX loop contains all information necessary to complete real estate information request.
2. 0070Informational ValuesOptional->Max >1
  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. 0100Date or Time or PeriodOptional->Max 1
  To specify any or all of a date, a time, or a time period
4. 0200Reference InformationOptional->Max >1
  To specify identifying information
5. 0210Loan Specific DataOptional->Max >1
  To provide high-level information about a loan
  The LN1 segment is the loan information for the property.
6. 0220Monetary Amount InformationOptional->Max >1
  To indicate the total monetary amount
  The AMT segment is used to provide cost information for the expanded services.
7. 0230Quantity InformationOptional->Max >1
  To specify quantity information
  The QTY segment is used to provide expanded loan or services information.
8. 0260PaperworkOptional->Max >1
  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. 0270Note/Special InstructionOptional->Max >1
  To transmit information in a free-form format, if necessary, for comment or special instruction
10. NM1 Loop Optional
  Repeat >1
  1. 0300Individual or Organizational NameMandatory->Max 1
    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. 0400Additional Name InformationOptional->Max 1
    To specify additional names
  3. 0500Party LocationOptional->Max 2
    To specify the location of the named party
  4. 0600Geographic LocationOptional->Max 1
    To specify the geographic place of the named party
  5. 0700Reference InformationOptional->Max 1
    To specify identifying information
  6. 0800Administrative Communications ContactOptional->Max 10
    To identify a person or office to whom administrative communications should be directed
  7. 0850Date or Time or PeriodOptional->Max 2
    To specify any or all of a date, a time, or a time period
11. NX1 Loop Mandatory
  Repeat >1
  1. 0900Property or Entity IdentificationMandatory->Max 1
    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. 1000Location ID ComponentMandatory->Max >1
    To define types and values of a geographic location
  3. 1100Date or Time or PeriodMandatory->Max 7
    To specify any or all of a date, a time, or a time period
  4. 1200Yes/No QuestionOptional->Max 16
    To identify and answer yes and no questions, including the date, time, and comments further qualifying the condition
  5. 1300Reference InformationOptional->Max 5
    To specify identifying information
  6. 1400Property Description/Legal DescriptionOptional->Max >1
    To provide specifics on property or legal description; this segment provides for a simple legal description such as lot, block and subdivision
  7. 1500Property Metes and Bounds DescriptionOptional->Max >1
    To describe real estate property by boundary lines with their terminal points and angles; this segment defines legal boundaries of real estate property
  8. 1600Property or Housing ExpenseOptional->Max 5
    To provide housing expense information
  9. 1700Real Estate ConditionOptional->Max 1
    To indicate the condition of real estate property and, if applicable, the actions needed to correct damage
  10. 1800Real Estate Property InformationOptional->Max 1
    To provide a description of real estate or general property information
  11. 1900InformationOptional->Max 30
    To report information
  12. 2000Informational ValuesOptional->Max >1
    To specify a code and the amount or quantity or percentage associated with it
  13. 2100Activity or Process InformationOptional->Max 10
    To provide information on activity or process
  14. 2200Monetary Amount InformationOptional->Max 10
    To indicate the total monetary amount
  15. 2300Quantity InformationOptional->Max 10
    To specify quantity information
  16. 2400Percent AmountsOptional->Max 4
    To qualify percent amounts and supply percent amounts
  17. 2500Note/Special InstructionOptional->Max 10
    To transmit information in a free-form format, if necessary, for comment or special instruction
  18. PWK Loop Optional
    Repeat >1
    2550PaperworkMandatory->Max 1
    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.
    2560Date/Time ReferenceOptional->Max 2
    To specify pertinent dates and times
  19. IN1 Loop Optional
    Repeat >1
    2600Individual IdentificationMandatory->Max 1
    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.
    2700Individual Name Structure ComponentsOptional->Max 10
    To sequence individual name components for maximum specificity
    2750InformationOptional->Max >1
    To report information
    2780Reference InformationOptional->Max >1
    To specify identifying information
    2800Administrative Communications ContactOptional->Max 2
    To identify a person or office to whom administrative communications should be directed
    2900Date/Time ReferenceOptional->Max 2
    To specify pertinent dates and times
    The DTM segment is used to provide the Best Time to Contact information.
3000Transaction Set TrailerMandatory->Max 1
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)