Test Prep Exam UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS
Pre Fabricated Concrete - CORRECT ANSWER Fire resistant material
Act 28 of 1992 - CORRECT ANSWER The act that certified assessors
90 - CORRECT ANSWER Minimum number of class hours to sit for CPE Test
3 - CORRECT ANSWER Upon employment, this is how many years you have to become
certified.
Discovery, List , Value - CORRECT ANSWER Assessment function involves what three
things
Philadelphia (First-Class County) - CORRECT ANSWER Certification requirements impact
every county, except for this one.
Foundation - CORRECT ANSWER In what part of a plan do you find footers?
Foundation - CORRECT ANSWER In what part of a plan do you find sub-flooring?
R Value - CORRECT ANSWER What you use to measure insulation heat loss
Odd Year (every two years) - CORRECT ANSWER What year is the recertification cycle and
how often must you recertify?
Maximum Productivity - CORRECT ANSWER What is the last step in finding highest and
best use?
, Reconciliation - CORRECT ANSWER What is the last step after all three approaches to value?
30 days - CORRECT ANSWER How many days do you have to file an appeal to common
pleas court after board's decision?
Cosmetic Appeal - CORRECT ANSWER What does façade of commercial building do to
value?
Mortgagor - CORRECT ANSWER Person who takes out mortgage
Mortgagee - CORRECT ANSWER Bank that is lending.
Scarcity, Utility, Desirability - CORRECT ANSWER What three things do you need to have
value?
1/2 mile - CORRECT ANSWER If you have 160 acres squared, what is the distance of the
sides?
Growth, stability, decline, rehabilitation - CORRECT ANSWER life cycle of a neighborhood
Appraisal Standards Board - CORRECT ANSWER Who created USPAP
State Board of Certified Real Estate Appraisers - CORRECT ANSWER What board mandates,
certifies and recertifies assessors?
5 years after preparation and 2 years after disposition - CORRECT ANSWER How long must
an appraiser retain their work file?
Property record cards, tax duplicates, tax maps - CORRECT ANSWER What must the
assessment office have available to the public?
Last county reassessment - CORRECT ANSWER What is the base year based off of?