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titleDefinition

The dollar amount of the concessions. If the concessions are made by the seller, some may subtract this value from the sales price as a means of calculating their own true price. If concessions are made by the buyer, some may add this amount to the sale price to create their own true price. Concessions made by both buyer and seller should be subtracted from each other, providing a net value. Details of this calculation should be added to the Concessions Comments field.


Standard Name: ConcessionsAmount


Display Name: Concessions Amount

Group: Listing, Closing

Data Type: Number

Suggested Maximum Length: 11

Suggested Maximum Precision: --

Synonyms(s): --

Field (Element) Status:

Status
subtletrue
colourgreen
titleActive

BEDES: --

Record ID: 2c90de9

Lookup Status: --

Lookup: --

Property Types: RESI, RLSE, RINC, LAND, MOBI, FARM, COMS, COML, BUSO

Payloads: --

Spanish Name: Monto de Concesiones

French-Canadian Name: Valeur des concessions

Status Change Date:

Status
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colourgray
titleJul 21 2015

Revision Date:

Status
subtletrue
colourgray
titleJun 17 2021

Added in Version: 1.4.0


Usage

  • 59% of Systems (10/17)
  • 29% of Organizations (143/501)

Info

For more information on items displayed on this page, see Data Dictionary Terms and Meta Definitions.

Note
titleRESO certifies against the Standard Name.

Display Name represents a recommendation for public display that MLSs and other data producers may use based on local, legal and language-based needs.


Page Revision Date: Nov 08 15 2023

Form: PropertySimple