RES Real Estate Sales Price Change

To provide the type, source, and amount of real estate sales price changes

Position: RES-01 · Element: 1706 · Name: Real Estate Sales Price Change Code · Type: Identifier (ID) · Requirement: Mandatory · Min: 1 · Max: 1 · Repeat: 1

Code identifying the type of real estate sales price change

Position: RES-02 · Element: 1091 · Name: Source of Funds Code · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 1 · Repeat: 1

Code identifying the source of the funds

Position: RES-03 · Element: 1083 · Name: Type of Funds Code · Type: Identifier (ID) · Requirement: Conditional · Min: 2 · Max: 2 · Repeat: 1

Code indicating the type of funds paid

If RES03 is "58 - Other", then RES05 is required.

Position: RES-04 · Element: 782 · Name: Monetary Amount · Type: Decimal number (R) · Requirement: Optional · Min: 1 · Max: 18 · Repeat: 1

Monetary amount

RES04 is the amount of the Real Estate Sales Price Change.

Position: RES-05 · Element: 352 · Name: Description · Type: String (AN) · Requirement: Optional · Min: 1 · Max: 80 · Repeat: 1

A free-form description to clarify the related data elements and their content

RES05 is a free-form description of the Real Estate Sales Price Change Type of Funds.

Position: RES-06 · Element: 1073 · Name: Yes/No Condition or Response Code · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 1 · Repeat: 1

Code indicating a Yes or No condition or response

C0603: If RES-06 is present, then RES-03 is required

RES06 indicates if the Real Estate Sales Price Change funds are pledged. A "Y" indicates that the funds are pledged, an "N" indicates that the funds are not pledged.

If RES06 is "Y - Yes" then RES07 is required.

Position: RES-07 · Element: 373 · Name: Date · Type: Date (DT) · Requirement: Optional · Min: 8 · Max: 8 · Repeat: 1

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

RES07 is the release date of the pledged funds.