Field

Description

Date Paid

Mnemonic: REDTTP

The most recent date a property tax was paid. Property taxes are usually paid through an escrow account set up when the mortgage was initially opened.

Amount Paid

Mnemonic: REAMTP

The amount of the most recent property tax paid for the current year.

Tax Month/Year

Mnemonic: RETXMY

The tax month and year for the most recent property tax payment.

Previous Years Outstanding

Mnemonic: RETPYO

The total amount of property taxes that have not yet been paid or are outstanding. This amount includes any fees attached to the taxes due to late payments.

Previous Years Due

Mnemonic: RETPYD

Any previous years from which property taxes have not yet been paid.

Paid City

Mnemonic: RETXCY

If applicable, this field indicates whether property taxes have been paid to the customer's city.

Paid County

Mnemonic: RETXCO

If applicable, this field indicates whether property taxes have been paid to the customer's county.

Paid Prior Years

Mnemonic: RETXPY

Use this field to indicate whether property taxes being paid are designated to cover previous years.