PA, /
Unit
/ //
8- // /
Real
/ /
Estate
/ /
Practice –
/ // /
Appraising
/ /
Exam Questions With Correct Answers
/ // // // //
An /
/appraiser /
/follows /
/an /
/orderly /
/process /
/to //arrive //at //the //final //value //estimate //which //includes. //- //CORRECT //ANSWERS(S)✔✔1. //State
//the //problem
2. //List //the //needed //data //and //the //resources
3. //Gather, //record, //verify, //and //analyze //the //necessary //data
4. //Determine //the //highest //and //best //use
5. //Estimate //the //land //value
6. //Estimate //the //value //by //each //of //the //three //approaches
7. //Reconcile //the //estimated //values //for //the //final //value //estimate
8. //Report //the //final //value //estimate
,County /
/assessors /
/who /
/value /
/properties /
/are /
/certified /
/by /
/the /
/Appraisers //Certification //Act //for //ad //valorem //tax //purposes //in //Pennsylvania. //True //or //False?
//- //CORRECT //ANSWERS(S)✔✔The //statement //is //true. //
The /
/Appraisers /
/Certification /
/Act /
/certifies /
/county /
/assessors /
/who /
/value /
/properties /
/for /
/ad /
/valorem /
/tax /
/purposes /
/in /
/Pennsylvania. //Certified //Pennsylvania //Evaluator //(CPE) //certificates //are //issued //to //individuals
//who //meet //certain //education //requirements //and
pass //an //exam.
For /
/appraisers /
/performing /
/appraisals /
, /for /
/federally /
/related /
/transactions, /
/all /
/states /
/are /
/required /
/to /
/establish /
/uniform /
/certification /
/procedures. /
/True /
/or /
/False? //- /
/CORRECT /
/ANSWERS(S)✔✔The /
/statement /
/is /
/true. /
/All /
/states /
/are /
/required /
/to /
/establish /
/uniform /
/certification /
/procedures /
/for /
/appraisers /
/performing /
/appraisals /
/for /
/federally /
/related /
/transactions. /
Unit
/ //
8- // /
Real
/ /
Estate
/ /
Practice –
/ // /
Appraising
/ /
Exam Questions With Correct Answers
/ // // // //
An /
/appraiser /
/follows /
/an /
/orderly /
/process /
/to //arrive //at //the //final //value //estimate //which //includes. //- //CORRECT //ANSWERS(S)✔✔1. //State
//the //problem
2. //List //the //needed //data //and //the //resources
3. //Gather, //record, //verify, //and //analyze //the //necessary //data
4. //Determine //the //highest //and //best //use
5. //Estimate //the //land //value
6. //Estimate //the //value //by //each //of //the //three //approaches
7. //Reconcile //the //estimated //values //for //the //final //value //estimate
8. //Report //the //final //value //estimate
,County /
/assessors /
/who /
/value /
/properties /
/are /
/certified /
/by /
/the /
/Appraisers //Certification //Act //for //ad //valorem //tax //purposes //in //Pennsylvania. //True //or //False?
//- //CORRECT //ANSWERS(S)✔✔The //statement //is //true. //
The /
/Appraisers /
/Certification /
/Act /
/certifies /
/county /
/assessors /
/who /
/value /
/properties /
/for /
/ad /
/valorem /
/tax /
/purposes /
/in /
/Pennsylvania. //Certified //Pennsylvania //Evaluator //(CPE) //certificates //are //issued //to //individuals
//who //meet //certain //education //requirements //and
pass //an //exam.
For /
/appraisers /
/performing /
/appraisals /
, /for /
/federally /
/related /
/transactions, /
/all /
/states /
/are /
/required /
/to /
/establish /
/uniform /
/certification /
/procedures. /
/True /
/or /
/False? //- /
/CORRECT /
/ANSWERS(S)✔✔The /
/statement /
/is /
/true. /
/All /
/states /
/are /
/required /
/to /
/establish /
/uniform /
/certification /
/procedures /
/for /
/appraisers /
/performing /
/appraisals /
/for /
/federally /
/related /
/transactions. /
