The ABA has drafted 3 different UTBMS Code sets for use on Real Estate matters, all first appearing on the ABA web site in 2024. These code sets are structured differently than the earlier ABA codes and require up to 5 characters.
- The Real Estate Purchase and Sale Code Set includes 15 granular task codes across 8 phases and reserves codes for custom client requirements.
- The Real Estate Commercial Leasing Code set includes 14 granular task codes across 8 phases and reserves codes for custom client requirements.
- The Real Estate Finance Code Set includes 15 granular task codes across 8 phases and reserves codes for custom client requirements.
The UTBMS Real Estate Code Sets are available on the ABA Web Site here.