EBA NPL.Property Collateral.Type of Occupancy

From Open Risk Manual

Definition of Property Collateral / Type of Occupancy

Property Collateral.Type of Occupancy: Type of occupancy, i.e. owner occupied, tenanted, not tenanted

  • EBA Field Index 11.005
  • Documentation Entry 280

Description

"Type of Occupancy" is the type of occupancy If there are multiple properties then base the selection on the option that defines the main property in terms of value.

Field Characteristics

The field type is a Choice field. The following choices are available:

  • (a) Owner-occupied
  • (b) Partially owner-occupied
  • defined as a property that is partly rented
  • (c) Tenanted
  • (d) Vacant
  • (e) Other


The field's importance for the Loan Tape is Critical.

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