REA Real Estate Property Information

To provide a description of real estate or general property information

Position
Element
Name
Type
Requirement
Min
Max
Repeat
REA-01
Composite Type of Real Estate Asset Code
Composite (composite)
Mandatory
1
01
Type of Real Estate Asset Code
Identifier (ID)
Mandatory
2
2
-
Code identifying the nature of a real estate
C047-01 is used to identify the type of property structure (i.e., Attached, Detached) or a summary level type of real estate description.
02
Type of Real Estate Asset Code
Identifier (ID)
Optional
2
2
-
Code identifying the nature of a real estate
C047-02 is used to identify the type of property construction (i.e., Site Built, Manufactured, Mobile Home).
03
Type of Real Estate Asset Code
Identifier (ID)
Optional
2
2
-
Code identifying the nature of a real estate
C047-03 is used to further describe property structure, the unit relationship to the structure, or its site or other structures (i.e., High Rise, Zero Lot Line, Stacked).
04
Type of Real Estate Asset Code
Identifier (ID)
Conditional
2
2
-
Code identifying the nature of a real estate
C047-04 is used to describe the real estate development project.
05
Type of Real Estate Asset Code
Identifier (ID)
Optional
2
2
-
Code identifying the nature of a real estate
C0504: If C047-05 is present, then C047-04 is required
C047-05 is used to describe the master or umbrella real estate development project if any.
REA-02
Quantity
Decimal number (R)
Optional
1
15
1
Numeric value of quantity
REA02 is the number of living units.
REA-03
Date
Date (DT)
Optional
8
8
1
Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year
REA03 is the date the property was acquired.
REA-04
Property Ownership Rights Code
Identifier (ID)
Optional
1
1
1
Code identifying legal basis for property ownership or residence status
REA04 defines the property ownership (fee simple, leasehold).
If REA04 is "L" (Leasehold) then REA05 is the leasehold expiration date.
REA-05
Date
Date (DT)
Optional
8
8
1
Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year
REA05 is the leasehold expiration date.
REA-06
Status of Plans for Real Estate Asset Code
Identifier (ID)
Optional
1
1
1
Code identifying plans for real estate
REA-07
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
1
Code indicating the date format, time format, or date and time format
P0708: If either REA-07 or REA-08 is present, then the other is required
REA07 defines the date format in REA08.
REA-08
Date Time Period
String (AN)
Conditional
1
35
1
Expression of a date, a time, or range of dates, times or dates and times
REA08 is the date the property was built.
REA-09
Composite Unit of Measure
Composite (composite)
Conditional
1
01
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
02
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.
03
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.
04
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
05
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.
06
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.
07
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
08
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.
09
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.
10
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
11
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.
12
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.
13
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
14
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.
15
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.
REA-10
Quantity
Decimal number (R)
Conditional
1
15
1
Numeric value of quantity
REA10 is the value of the area measure.
REA-11
Location Qualifier
Identifier (ID)
Optional
1
2
1
Code identifying type of location
REA11 further defines the location of the real estate asset defined in REA01.
REA-12
Reference Identification
String (AN)
Optional
1
50
1
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
REA12 is used to identify an internal control number.
REA-13
Type of Residence Code
Identifier (ID)
Optional
1
1
1
Code identifying type of residence
REA-14
Condition Indicator
Identifier (ID)
Optional
2
2
1
Code indicating a condition
REA14 defines the physical status of the property structure.

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