Oral - ExistingLeaseType - DD 2.1 - RESO Data Dictionary

DefinitionThe terms of the lease are agreed upon orally (not in writing) between the lessee and lessor. Legal restrictions around oral agreements vary from state to state.

Details

Lookup Name	ExistingLeaseType
Standard Value	Oral
Legacy OData Value	Oral
Synonyms	—
Status	Active
BEDES	—

References	RINC, COML, CRE
Spanish Value	Verbal
French-Canadian Value	Verbal
Status Change Date	7/21/2015
Revised Date	6/17/2021
Added in Version	1.4

Used By

Resource	Field	Usage
Property	AvailableLeaseType	—
Property	ExistingLeaseType	6%
Building	ExistingLeaseType	—

Terms and DefinitionsGenerated June 15, 2026