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KENTUCKY (KY) PROPERTY VALUATION ADMINISTRATOR
(PVA) PRACTICE EXAM SPECIFIC TO ACTUAL 2026 SITTING
EXAM QUESTIONS AND CORRECT ANSWERS
EXAM OVERVIEW
The Kentucky Property Valuation Administrator (PVA) Exam evaluates a candidate’s
understanding of property valuation principles, Kentucky property tax law, assessment
procedures, exemptions, appeals, and administrative duties as outlined by the Kentucky
Department of Revenue (DOR).
This exam reflects real-world PVA responsibilities and statutory requirements under KRS
Chapters 132–134.
Exam Structure
• Total Questions: 100
• Format: Multiple Choice (A–D)
• Difficulty: Moderate to Advanced
• Primary Content Areas:
1. Kentucky Property Tax Law & Administration
2. Duties & Authority of the PVA
3. Real Property Valuation
4. Personal Property Assessment
5. Exemptions & Special Assessments
6. Assessment Procedures & Timelines
7. Appeals, Boards of Assessment Appeals (BAA)
8. Ethics, Records & Public Service
Each question includes:
• Correct Answer
• Clear Rationale aligned with Kentucky statutes and PVA practice
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SECTION 1: KENTUCKY PROPERTY TAX LAW (Q1–15)
1. Property in Kentucky is assessed based on:
A. Purchase price
B. Insurance value
C. Fair cash value
D. Replacement cost
Answer: C
Rationale: Kentucky law requires property to be assessed at fair
cash value.
2. Fair cash value is best defined as:
A. Taxable value after exemptions
B. Price in a forced sale
C. Amount a willing buyer pays a willing seller
D. Original purchase price
Answer: C
Rationale: Fair cash value reflects open-market conditions.
3. Which chapter of KRS governs property valuation and
assessment?
A. KRS 61
B. KRS 100
, 3
C. KRS 132
D. KRS 160
Answer: C
Rationale: KRS Chapter 132 governs property valuation and
assessment.
4. The Kentucky Department of Revenue oversees:
A. Property tax collection
B. Assessment uniformity and compliance
C. Local budgeting
D. Zoning regulations
Answer: B
Rationale: The DOR ensures uniform assessments statewide.
5. Property tax rates are set by:
A. The PVA
B. The Department of Revenue
C. Taxing districts
D. The Governor
Answer: C
Rationale: Taxing districts (school boards, cities, counties) set
rates.
KENTUCKY (KY) PROPERTY VALUATION ADMINISTRATOR
(PVA) PRACTICE EXAM SPECIFIC TO ACTUAL 2026 SITTING
EXAM QUESTIONS AND CORRECT ANSWERS
EXAM OVERVIEW
The Kentucky Property Valuation Administrator (PVA) Exam evaluates a candidate’s
understanding of property valuation principles, Kentucky property tax law, assessment
procedures, exemptions, appeals, and administrative duties as outlined by the Kentucky
Department of Revenue (DOR).
This exam reflects real-world PVA responsibilities and statutory requirements under KRS
Chapters 132–134.
Exam Structure
• Total Questions: 100
• Format: Multiple Choice (A–D)
• Difficulty: Moderate to Advanced
• Primary Content Areas:
1. Kentucky Property Tax Law & Administration
2. Duties & Authority of the PVA
3. Real Property Valuation
4. Personal Property Assessment
5. Exemptions & Special Assessments
6. Assessment Procedures & Timelines
7. Appeals, Boards of Assessment Appeals (BAA)
8. Ethics, Records & Public Service
Each question includes:
• Correct Answer
• Clear Rationale aligned with Kentucky statutes and PVA practice
,2
SECTION 1: KENTUCKY PROPERTY TAX LAW (Q1–15)
1. Property in Kentucky is assessed based on:
A. Purchase price
B. Insurance value
C. Fair cash value
D. Replacement cost
Answer: C
Rationale: Kentucky law requires property to be assessed at fair
cash value.
2. Fair cash value is best defined as:
A. Taxable value after exemptions
B. Price in a forced sale
C. Amount a willing buyer pays a willing seller
D. Original purchase price
Answer: C
Rationale: Fair cash value reflects open-market conditions.
3. Which chapter of KRS governs property valuation and
assessment?
A. KRS 61
B. KRS 100
, 3
C. KRS 132
D. KRS 160
Answer: C
Rationale: KRS Chapter 132 governs property valuation and
assessment.
4. The Kentucky Department of Revenue oversees:
A. Property tax collection
B. Assessment uniformity and compliance
C. Local budgeting
D. Zoning regulations
Answer: B
Rationale: The DOR ensures uniform assessments statewide.
5. Property tax rates are set by:
A. The PVA
B. The Department of Revenue
C. Taxing districts
D. The Governor
Answer: C
Rationale: Taxing districts (school boards, cities, counties) set
rates.
