ESMA Commercial Real Estate.Collateral.Net Internal Floor Area Validated

From Open Risk Manual

Definition of ESMA Commercial Real Estate.Collateral.Net Internal Floor Area Validated

ESMA Commercial Real Estate.Collateral.Net Internal Floor Area Validated

  • Member of Table: ESMA Commercial Real Estate Collateral Table
  • ESMA Field Index: CREC31


Description

Has the valuer (of the most recent valuation) verified the net internal floor area of the property?

Field Characteristics

Format

The field type / format is: Y/N


No Data Options

  • The field can be empty under data options ND1-ND4
  • The field can be empty under data option ND5


No Data Options Legend

Option Explanation
ND1 Data not collected as not required by the lending or underwriting criteria
ND2 Data collected on underlying exposure application but not loaded into the originator’s reporting system
ND3 Data collected on underlying exposure application but loaded onto a separate system from the originator’s reporting system
ND4 Data collected but will only be available from YYYY-MM-DD (YYYY-MM-DD shall be completed)
ND5 Not applicable


Disclaimer

  • This text is generated automatically. Do not edit manually!
  • This information is provided as is. Refer to the ESMA Securitisation Template for pointers to definitive instructions