Property Characteristic Information on US Properties (Sample)

**Overview**
Property Characteristics delivers information about parcels, location, ownership, structure, legal status, and more on over 112 million residential properties.

In addition, change of ownership and other changes are delivered as tax updates. Property data serves as an anchor to most of the rest of Cotality’s property data, and Cotality maintains property data for over 99.9% of parcels nationwide.

Product Attributes:
- Parcel & subdivision information
- Geospatial data
- Property owner & owner mailing details
- Property value & tax information
- Tax assessment
- Tax amount
- Tax exemption indicators
- Property characteristics & structure attributes
- Most recent purchase transaction information
- Sale recording date
- Sale amount
- Seller name & more

**Use cases**
- **Asset Valuation** - Property Characteristics can be used to verify details about parcels, their ownership, location, and the structures they contain. Real estate businesses, insurance companies, and financial institutions can use this data to validate the value and status of properties, which is crucial for transactions, risk assessment, and asset management.
- **Data Quality and Cleansing** - Businesses with large property data sets can use Property Characteristics to enhance the quality and accuracy of their data. This includes standardizing data formats, validating data accuracy, and filling gaps in existing data.
- **Customer Onboarding** - Companies such as real estate agencies, insurance firms, and banks can use the information provided by Property Characteristics to streamline their customer onboarding process. This can include verifying customer-provided data, assessing the value of properties for loans or insurance, and providing detailed property reports to customers.
- **Location Data Enrichment** - By providing extensive data on property locations and characteristics, Property Characteristics can enrich a business's location data. This can be used to enhance geospatial analyses, improve logistics and operations, and provide more precise customer service.
- **Risk Analysis** - Insurance companies, financial institutions, and other businesses can use Property Characteristics to analyze and manage the risks associated with property ownership. Understanding the details of a property, including its location, value, and structure, can help these companies accurately assess risks and make informed decisions.
- **Regulatory Reporting** - Companies in industries with strict reporting requirements, such as banking, real estate, and insurance, can use Property Characteristics to comply with regulations. This can involve providing detailed reports on property values, transaction histories, and property characteristics.

**Product details**
- Datasets represented include Property Residential and Property Residential Lookup.
- Sample fields include Municipality, Tax Rate Area Code, School District, Fire District,Water District, Land Use, Property Indicator, Parced Address Fields, Total Value, Land Value, Tax Info, Acres and Land Square Footage.