The Transaction is the transfer of rights in land. Transactions are often documented in instruments, but it is not a requirement in the most part of the United States that transactions be written. Both parties in the transfer of rights must be legal parties who are capable of both delivering and receiving the rights being passed.

ATTRIBUTES:

Transaction ID

The Transaction ID is a primary key which identifies each record in the Transaction entity.

Domain: numeric
 
 

Effective Date

The Effective Date is the date the Parcel Transaction becomes effective such as the date of approval or the date of recording.

Domain: date
 
 

Expiration Date

This is the date the Parcel Transaction expires.

Domain: Date
 
 

Ownership Type

The Ownership Type describes the characteristics by which the rights are held. Appendix 2 contains the informative appendix for the domain for Ownership Type.

Domain: Fee Simple Ownership, General Tenancy, Joint Tenancy, Life Estate, Tenancy in Common, Tenancy by the Entirety, Tenancy in Partnership, Tenancy from Period to Period, Tenant at Will, Timeshare Ownership, Owner after Life Estate, Undivided Interest, With Remainder, free text
 
 

Term and Condition

Term and Condition contains the descriptions of any limitations or attachments to a Parcel Transaction such as a restrictive covenant or other limitation or stipulation.

Domain: free text
 
 

T-Source Agent

The Source Agent is the individual or organization which maintains the source information for the transaction. For example, if a source is a record filed in a county, the source agent is the county department where the source is kept or where it is possible to gain access to the source.

Domain: Text
 
 

T-Source Index

The Source Index is the value assigned by a Source Agent to the transaction document to file or identify the transaction. Some examples are volume-page indices, document number, and survey group number. One transaction may have more than one index value, but the value in this attribute is the value that will most likely direct the interested party to the transaction.

Domain: Text
 
 

T-Source Type

Source Type describes a family of documents, files, images, or other which generally conform to the same specifications or having some common unifying characteristic. The domain for Source Type is in Appendix 4.

Domain: Text, see Appendix 4
 
 

T-Source Date

The Source Date is the date on the document. This is the date the document of the document itself and may or may not be the same as the recorded date.

Domain: Date
 
 

Recorded Date

The Recorded Date is the calendar date shown on the document at the time of recording or the filing date for documents that are filed. This is primarily important for states with race-notice or race requirements for land title document recording.

Domain: date
 
 

Recorded Time

The Recorded Time is the clock time interval shown on the document. This is primarily important for states with race-notice or race requirements for land title document recording.

Domain: Time

Links to the Course Sections and Modules: [Quick Reference] [Introduction] [Section 1: Purpose and Benefits of the Cadastral Data Content Standard] [Section 2: How the Standard Was Developed] [Section 3: Other Standards and Related Activities] [Section 4: Data Modeling Techniques, Rules and Diagram Conventions] [Section 5: Crosswalks, Translations, and Examples] [Section 6: Understanding Compliance with the Standard] [Section 7: Maintenance of the Standard] [Section 8: User and Technical Support] [County Recorder Module] [GIS Specialist Module] [Surveyor Module] [Glossary]