What is an EDI 197 Real Estate Title Evidence Document?
EDI 197 is an electronic document containing information that provides title evidence of real estate.
This EDI document is used for the following purposes:
- For transferring the data found inside the standard Title Reports
- For transferring the data found inside the standard Title Commitments
- For transferring the data found inside the standard Title Policy Forms provided by the American Land Title Association
The data elements along with the format of EDI 197 Real Estate Title Evidence are used for the electronic interchange of information. It is divided into various segments and data elements.
Workflow for the Exchange of an EDI 197 Real Estate Title Evidence Document
EDI 197 falls under the category of X12F Finance transaction sets. Government organizations use this EDI transaction set to exchange information regarding the title evidence of real estate. Data found inside the title commitments, title policy forms, and title reports is transferred using the EDI 197.
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EDIConnect is an enterprise-grade EDI solution that simplifies the process of sending and receiving EDI messages. It is designed to handle X12 and EDIFACT transaction sets with its built-in EDI parser, validator, and transaction builder. It also offers features to help businesses comply with EDI requirements and communicate seamlessly with their trading partners.