EBA NPL.Property Collateral.Condition of Property
Contents
Definition of Property Collateral / Condition of Property
Property Collateral.Condition of Property: Quality classification of the property
- EBA Field Index 11.007
- Documentation Entry 282
Description
"Condition of Property" is the quality classification of the property, e.g. Excellent, Good, Fair, Poor. and include explanation of the category. The Institution is to provide the internal methodology used to decide the categories as a part of the transaction documents in annex to the data tape.
Field Characteristics
The field type is a Choice field. The following choices are available:
- (a) Excellent
- (b) Good
- (c) Fair
- (d) Poor
The field's importance for the Loan Tape is Important.
The field belongs to the EBA NPL Property Collateral Table.
The field applies to 4 of the 7 EBA NPL Asset Classes. It does not apply to Unsecured Loans, Auto Loans, Leasing / Asset Backed Finance,
The field is applicable to all borrower types.
The field is Not Confidential
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions
