REC Real Estate Condition

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

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Position

Element

Name

Type

Requirement

Min

Max

Repeat

Occupancy Code

Identifier (ID)

Mandatory

2

2

1

Code specifying occupancy status of real estate property

REC01 specifies the occupancy status of the real estate property.

Real Estate Property Condition Code

Identifier (ID)

Conditional

2

2

1

Code identifying property condition

Property Damage Code

Identifier (ID)

Optional

1

2

1

Code identifying the damage to property

REC03 indicates specified damage types such as fire, flood, earthquake, etc.

Yes/No Condition or Response Code

Identifier (ID)

Optional

1

1

1

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.

Quantity

Decimal number (R)

Optional

1

15

1

Numeric value of quantity

REC05 indicates the number of living units.

Property Inspection Qualifier

Identifier (ID)

Conditional

2

2

1

Code indicating a part of the property being inspected

C0602: If REC-06 is present, then REC-02 is required

Action Code

Identifier (ID)

Conditional

1

2

1

Code indicating type of action

Quantity Qualifier

Identifier (ID)

Conditional

2

2

1

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

Quantity

Decimal number (R)

Conditional

1

15

1

Numeric value of quantity

C0906: If REC-09 is present, then REC-06 is required

REC-10

Composite Unit of Measure

Composite (composite)

Conditional

1

Unit or Basis for Measurement Code

Identifier (ID)

Mandatory

2

2

-

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

Exponent

Decimal number (R)

Optional

1

15

-

Power to which a unit is raised

If C001-02 is not used, its value is to be interpreted as 1.

Multiplier

Decimal number (R)

Optional

1

10

-

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.

Unit or Basis for Measurement Code

Identifier (ID)

Optional

2

2

-

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

Exponent

Decimal number (R)

Optional

1

15

-

Power to which a unit is raised

If C001-05 is not used, its value is to be interpreted as 1.

Multiplier

Decimal number (R)

Optional

1

10

-

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.

Unit or Basis for Measurement Code

Identifier (ID)

Optional

2

2

-

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

Exponent

Decimal number (R)

Optional

1

15

-

Power to which a unit is raised

If C001-08 is not used, its value is to be interpreted as 1.

Multiplier

Decimal number (R)

Optional

1

10

-

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.

Unit or Basis for Measurement Code

Identifier (ID)

Optional

2

2

-

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

Exponent

Decimal number (R)

Optional

1

15

-

Power to which a unit is raised

If C001-11 is not used, its value is to be interpreted as 1.

Multiplier

Decimal number (R)

Optional

1

10

-

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.

Unit or Basis for Measurement Code

Identifier (ID)

Optional

2

2

-

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

Exponent

Decimal number (R)

Optional

1

15

-

Power to which a unit is raised

If C001-14 is not used, its value is to be interpreted as 1.

Multiplier

Decimal number (R)

Optional

1

10

-

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.

Occupancy Verification Code

Identifier (ID)

Optional

2

2

1

Code indicating the method used to verify the occupancy of the property

Note Reference Code

Identifier (ID)

Conditional

3

3

1

Code identifying the functional area or purpose for which the note applies

C1213: If REC-12 is present, then REC-13 is required

Free-form Message

String (AN)

Conditional

1

60

1

Free-form text