CERTIFIED PENNSYLVANIA EVALUATOR COMPREHENSIVE EXAM SCRIPT COMPLETE
QUESTIONS VERIFIED SOLUTIONS
Certified Pennsylvania Evaluator Certification
Evaluation Exams Questions and Answers Verified
Solutions Latest Update 2026/2027
Question:
The actual amount paid, or to be paid, for a property in a particular transaction.
Answer:
Market Price
Question:
A written document under seal conveying real estate. Types: Warranty and Quit Claim.
Answer:
Deed
Question:
A deed in which the grantor warrants the title to be good and accurate and agrees to defend the title
against all parties. When a true owner of record transfers the ownership. This is guaranteed. 1.
Grantor has the right to convey the real estate 2. grantor is the owner of the real estate mentioned 3.
That the land is free and clear of all encumbrances, liens, bargains, sales, taxes 4. That the grantee
will have quiet enjoyment of the real estate and not be pout out by someone with a superior title 5.
That the grantee has legal recourse against the grantor should there be any problem with the title.
Answer:
Warranty Deed
Question:
The deed by which the grantor conveys only the interest he or she may have in the property.
Answer:
Quit Claim Deed
,Question:
The greatest degree of ownership. It is title free and clear of all liens & encumbrances.No taxes, no
loans. Owner owns the bundle of rights.
Answer:
Fee Simple Title
Question:
Latin for "according to value".
Answer:
Ad Valorem
Question:
Taxes are levied according to the value of the property.
Answer:
Ad Valorem Taxation
Question:
The year upon which real property values are based for the most recent countywide reassessment or
other prior year for which the market value of all real estate of the county is based.
Answer:
Base Year
Question:
Can be seen and touched. Consists of actual physical things.
Answer:
Tangible Property
,Question:
Cannot be seen or touched; it is evidence of ownership rights. Examples: stocks, bonds, mortgages
and copy rights.rights you have as a owner.
Answer:
Intangible Property
Question:
Can be tangible or intangible, and can be real or personal.
Answer:
Property
Question:
Property that is tangible; it can be moved by its owner. Chattel or fixture.
Answer:
Personal Property
Question:
Personal property not permanently affixed to land.
Answer:
Chattel
Question:
personal property is permanently affixed to the land.
Answer:
Fixture
, Question:
S- Sell L- Lease U-Use G-Give away E-Enter/leave R-Refuse to do anything.
Answer:
Bundle of Rights
Question:
P-police power E-escheat T-taxation E-eminent domain.
Answer:
Public Limitations
Question:
The right of the government to regulate the use of property for the public welfare in areas of safety,
health, morals, zoning, building codes, traffic and sanitary regulations.
Answer:
Police Power
Question:
The right to have property revert to the state for nonpayment of taxes or when there are no legal
heirs or a decedent who dies "intestate.".
Answer:
Escheat
Question:
A person who dies having made no will.
Answer:
Intestate
QUESTIONS VERIFIED SOLUTIONS
Certified Pennsylvania Evaluator Certification
Evaluation Exams Questions and Answers Verified
Solutions Latest Update 2026/2027
Question:
The actual amount paid, or to be paid, for a property in a particular transaction.
Answer:
Market Price
Question:
A written document under seal conveying real estate. Types: Warranty and Quit Claim.
Answer:
Deed
Question:
A deed in which the grantor warrants the title to be good and accurate and agrees to defend the title
against all parties. When a true owner of record transfers the ownership. This is guaranteed. 1.
Grantor has the right to convey the real estate 2. grantor is the owner of the real estate mentioned 3.
That the land is free and clear of all encumbrances, liens, bargains, sales, taxes 4. That the grantee
will have quiet enjoyment of the real estate and not be pout out by someone with a superior title 5.
That the grantee has legal recourse against the grantor should there be any problem with the title.
Answer:
Warranty Deed
Question:
The deed by which the grantor conveys only the interest he or she may have in the property.
Answer:
Quit Claim Deed
,Question:
The greatest degree of ownership. It is title free and clear of all liens & encumbrances.No taxes, no
loans. Owner owns the bundle of rights.
Answer:
Fee Simple Title
Question:
Latin for "according to value".
Answer:
Ad Valorem
Question:
Taxes are levied according to the value of the property.
Answer:
Ad Valorem Taxation
Question:
The year upon which real property values are based for the most recent countywide reassessment or
other prior year for which the market value of all real estate of the county is based.
Answer:
Base Year
Question:
Can be seen and touched. Consists of actual physical things.
Answer:
Tangible Property
,Question:
Cannot be seen or touched; it is evidence of ownership rights. Examples: stocks, bonds, mortgages
and copy rights.rights you have as a owner.
Answer:
Intangible Property
Question:
Can be tangible or intangible, and can be real or personal.
Answer:
Property
Question:
Property that is tangible; it can be moved by its owner. Chattel or fixture.
Answer:
Personal Property
Question:
Personal property not permanently affixed to land.
Answer:
Chattel
Question:
personal property is permanently affixed to the land.
Answer:
Fixture
, Question:
S- Sell L- Lease U-Use G-Give away E-Enter/leave R-Refuse to do anything.
Answer:
Bundle of Rights
Question:
P-police power E-escheat T-taxation E-eminent domain.
Answer:
Public Limitations
Question:
The right of the government to regulate the use of property for the public welfare in areas of safety,
health, morals, zoning, building codes, traffic and sanitary regulations.
Answer:
Police Power
Question:
The right to have property revert to the state for nonpayment of taxes or when there are no legal
heirs or a decedent who dies "intestate.".
Answer:
Escheat
Question:
A person who dies having made no will.
Answer:
Intestate
