Asked by Lauren Allysé on Jul 16, 2024
Verified
How is real property described on the electronic registration system?
A) PIN-Personal Identification Number.
B) PIN-Parcel Identification Number.
C) PIN-Postal Identification Number.
D) MIN-Municipal Identification Number.
E) TIN-Tax Identification Number.
Parcel Identification Number
A unique numerical or alphanumeric code assigned to a parcel of land for identification and administrative purposes.
Electronic Registration System
A digital system used to record and manage the ownership and transactions of securities or properties.
- Understand the constituents of electronic property registration frameworks.
Verified Answer
AE
Abdallah EstaitiehJul 19, 2024
Final Answer :
B
Explanation :
The correct term for describing real property in an electronic registration system is PIN, which stands for Parcel Identification Number. This unique number is used to identify a specific parcel of land in the registry system.
Learning Objectives
- Understand the constituents of electronic property registration frameworks.
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