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A type of the Lot and Block system is frequently used for tax identification purposes in the United States. This designation, often called a Tax Identification Number or Tax Parcel Number, is not directly based on the legal description of the property. The system can be used even if the property is not legally described by the Block and Lot system.
The terms lot and parcel are often used interchangeably, but they have different meanings. [1] A parcel is an identification for taxation purposes, while a lot is a recognized subdivision of property with a written legal description that addresses permissions or constraints upon its development. It is possible for a parcel to have more than one ...
Lot: A subdivision of a section which is not an aliquot part of the section but which is designated separately. A lot is typically irregular in shape, and its acreage varies from that of regular aliquot parts. Initial point: The starting point for a survey; the intersection point of the Principal meridian and the Base line in a given region.
Borough, Block, and Lot (also called Borough/Block/Lot or BBL) is the parcel number system used to identify each unit of real estate in New York City for numerous city purposes. It consists of three numbers, separated by slashes: the borough , which is 1 digit; the block number, which is up to 5 digits; and the lot number, which is up to 4 digits.
The island currently known as "Osborn Island" was dubbed by its developers as "Oceanview", which was only accessible via a bridge on Radio Road. Up until the early 1990s, all homes part of the original were addressed by a confusing lot-and-block numbering system, which were eventually replaced with more conventional house numbers.
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