What does BIN mean in GENERAL
Building Identification Number (BIN) is a code assigned to a commercial or residential building to identify and classify the structure for taxation and other legal purposes. It is used by tax assessors, municipalities, county governments and police departments as an efficient system to identify buildings. The BIN helps track necessary data about the building such as its square footage, year built, owner’s assessment value, zoning type, and any applicable additional fees that may be charged by local government.
BIN meaning in General in Business
BIN mostly used in an acronym General in Category Business that means Building Identification Number
Shorthand: BIN,
Full Form: Building Identification Number
For more information of "Building Identification Number", see the section below.
Essential Questions and Answers on Building Identification Number in "BUSINESS»GENERALBUS"
What is a BIN?
A Building Identification Number (BIN) is an alphanumeric code assigned by the city to identify individual buildings. BINs are used to store information about a building, such as its unique address, legal description, certificate of occupancy and other related data.
How do I find my BIN?
The Department of Buildings provides a free online lookup service to search for your Building Identification Number (BIN). You can also call 311 or contact your local Department of Buildings office and request information about your building's official BIN.
Is the BIN required in NYC?
Yes, all buildings in New York City must have a valid Building Identification Number (BIN). This includes commercial and residential properties and newly constructed buildings. Every building permit issued by the Department of Buildings requires a valid BIN before work can begin.
How are BINs assigned?
Building Identification Numbers (BINs) are assigned by the Department of Buildings when a building permit application is submitted. The applicant is responsible for providing all relevant information necessary for the department to accurately assign the appropriate BIN to the property.
Who can apply for a new BIN?
Any owner, tenant or leaseholder may apply for a new Building Identification Number (BIN). An applicant must complete all requisite paperwork and submit it to the Department of Buildings along with supporting documents before their new BIN can be registered with the city’s records system.
Does every structure need its own BIN?
Yes, each structure in New York City must have its own individual Building Identification Number (BIN). This includes but is not limited to single-family homes, multi-family dwellings, garages, outbuildings and accessory structures such as decks and backyard pools.
How often does my building's BIN get updated?
Generally speaking, the Building Identification Number (BIN) remains unchanged unless specific alterations or upgrades are made to the property that require updating it in city records. However, it’s important to note that some significant changes such as converting an existing one family home into two separate units may necessitate filing for a new number with your local DOB office.
Final Words:
In summary, Building Identification Numbers are an important way of ensuring accuracy when tracking structures for taxation purposes or other regulatory needs. The code helps property owners stay updated with regards to their tax filing requirements while also streamlining access rights for law enforcement agencies who may need to use these codes in order to quickly locate specific buildings within their jurisdiction.
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