what is a pid in real estate

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Public Improvement District

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  • What does PIDs mean in real estate?

  • Public Improvement Districts (PIDS) Public Improvement Districts (PIDs) are created to help developers finance infrastructure in new communities such as roads, parks and other amenities. Bonds are sold to finance these improvements and property owners are each assessed a portion of the bonds.

  • What is a public improvement district (PID)?

  • Public Improvement Districts (PIDs) are created to help developers finance infrastructure in new communities such as roads, parks and other amenities. Bonds are sold to finance these improvements and property owners are each assessed a portion of the bonds. This assessment is added to an owner’s property tax bill and paid off over time.

  • How do I get PID information on a property?

  • To get PID information on a property you are buying or selling, contact a Realtor or the corresponding Assessor office.

  • What is the PID number for land titles?

  • Land Titles PID – The PID [Parcel Identifier) is a 9 digit number listed on Property Assessments 013-003-050 Example: 013003-050 BC Crown Parcel Identification Number – 3 to 8 digit PIN number Example: 8444491 BC Range Tenure Number – 9 charcter code starting with RAN Example: RAN123456

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