Biannual


Definition of "Biannual"

Dorothy Pataky
  Re/Max Horizon

Occurring two times per year; also called semiannual. On the other hand, biennial means occurring each two years.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Applicant

Prospective insured who completes and signs a written form containing personal statements about hims ...

Industrial Park

Usually a fairly large site zoned and planned for the purpose of industrial development and located ...

Contingency

Event that may or may not occur in a given time period. For example, whether a specific person will ...

Agent Of Record

Individual who has a contractual agreement with a policyowner. The agent of record has a legal right ...

Buy-out Estimate

Estimated price at which a partner in a partnership can buy out another partner. There are several m ...

Capacity Of Parties

Legal capability of those involved in mutual assent of making a contract, including an insurance con ...

Related Real Estate FAQ

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Is An APR And What Does It Include?

An APR stands for an ANNUAL PERCENTAGE RATE. This rate includes the costs of any points paid, mortga ...

What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

What Is A Sales Contract?

A sales contract is the contract you draw up when you want to make an offer on a home. ...

What Is An Overall Debt Ratio?

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-t ...

What Is A Balloon Mortgage?

A type of mortgage in which the loan amount is amortized over the full length of the loan (usually 3 ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Why Right Now is a Good Time for Millennials to Buy a Home Rent or Buy - the pros and cons 6 Reasons you are not selling properties Should you Buy a Home with Cash? Is it better to buy or sell a home first

FAQ

What is a wraparound mortgage? What do I need to know about Auto Insurance? What is escrow? What do I need to know about Term Life Insurance? What is hazard insurance?