Control Variable | Real Estate Glossary

Definition of "Control variable"

Nathan Pfahler, Broker Associate

RE/MAX METRO

Environmental element that remains unchanged and strongly influences real estate valuations despite the cost of improvements.

Contract that gives the insurance company the right, not the obligation, to buy a stipulated stock o ...

See assumption of mortgage; deed of trust. ...

Value or property given by an individual directly to a donee (recipient of the gift), for example, w ...

Total expenditure to modernize a building to meet the owner's or tenant's needs. ...

Circumstance in which there is a probability loss to personal property or real property resulting fr ...

Wedge-shaped step found on a spiral staircase with a wider tread on its outside portion. ...

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

Flood insurance is insurance that compensates for the physical property damage resulting from rising ...

An inspection is a close and thorough examination of a house and property. A licensed individual usu ...

If you live in an Earthquake zone. Yes! Typically most homeowners insurance insurance coverage would ...

A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

Line of insurance, which included coverages that are designed to protect the insured against a loss ...

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