What is pid in real estate?

PID (Parcel Identification Number) is a unique number assigned to a particular property by the local government for the purpose of identification and taxation. It is used to track and manage property ownership, taxes, and other related information.

PID numbers are typically used by municipalities to identify individual parcels of land within their jurisdiction. The number is usually given to a property when it is first developed or subdivided and remains with the property throughout its lifetime.

PID numbers are important in real estate transactions as they provide a convenient way to identify and locate a specific property. They are often used in legal documents, property records, and tax assessments.

In some cases, PID numbers can also be used to access additional information about a property, such as zoning restrictions, building permits, and property tax assessments.

Overall, PID numbers play a crucial role in the real estate industry by providing a standardized way to identify and manage properties within a community.