Expected Selling Period

The Estimated Selling Period will have the following updated options that the Valuer can select from:

  • 0 – 6 months
  • 6 – 12 months
  • 12 months and greater

We previously accepted (see Estimated Settlement):

//FullRegistered/ValueComponent/EstimatedSettlement
//FullRegistered/ValueComponent/EstimatedSettlement/Duration[@Length] as an int.
//FullRegistered/ValueComponent/EstimatedSettlement/Duration[@Unit="Months"]

We will now require as per LIXI 1.6:

<xs:element name="SalesMarket">
……
            <xs:attribute name="ExpectedSellingPeriod">
                        <xs:simpleType>
                                    <xs:restriction base="xs:NMTOKENS">
                                                <xs:enumeration value="Less than 6 months"/>
                                                <xs:enumeration value="6 to 12 months"/>
                                                <xs:enumeration value="Greater than 12 months"/>
                                    </xs:restriction>
                        </xs:simpleType>
            </xs:attribute>
……
</xs:element>

To enter a comment, we will continue to read //ExpectedSellingPeriodComment as below.

//FullRegistered/ValueComponent/ExpectedSellingPeriodComment

If the estimated selling period is greater than 6 months, an ExpectedSellingPeriodComment should be provided.