Exam Practice Questions And Correct
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1. The Certified General Appraiser examination in Maryland is part of a
national uniform licensing system designed to assess competency for
advanced appraisal practice, particularly for commercial and complex
properties. Which statement best describes the purpose of this
examination?
A. To test only Maryland-specific property tax regulations and zoning codes
B. To ensure uniform minimum competency for appraising all property types
across jurisdictions
C. To certify real estate agents for residential sales transactions only
D. To replace the need for education and experience requirements
The Certified General Appraiser exam is part of the AQB National Uniform
Licensing and Certification system, which establishes consistent minimum
competency standards across states for advanced appraisal practice
involving all property types, including commercial and complex valuations.
, 2. The Certified General Appraiser exam typically consists of how many
questions and what is the total time allowed for completion?
A. 100 questions in 4 hours
B. 110 questions in 5 hours
C. 125 questions in 6 hours
D. 150 questions in 7 hours
The exam generally includes 125 multiple-choice questions administered
over a 6-hour period, reflecting its comprehensive scope and the time
required for complex scenario-based valuation analysis.
3. Which of the following best represents the primary scope of practice
for a Certified General Appraiser?
A. Residential properties only, regardless of value
B. Commercial properties only under $1 million
C. All types of real property without regard to complexity or value
D. Only government-owned real estate
Certified General Appraisers are authorized to appraise all types of real
property, including residential, commercial, industrial, agricultural, and
vacant land, without limitation on value or complexity.
4. Which educational requirement is typically associated with becoming a
Certified General Appraiser?
A. 75 hours of appraisal education
B. 150 hours of appraisal education
C. 300 hours of qualifying appraisal education
D. 500 hours of continuing education
Applicants for the Certified General Appraiser credential must complete
approximately 300 hours of qualifying education focused on advanced
residential and commercial appraisal methodologies.
, 5. What is the minimum experience requirement for Certified General
Appraiser licensure in Maryland?
A. 500 hours over 6 months
B. 1,000 hours over 12 months
C. 2,000 hours over 18 months
D. 3,000 hours over at least 18 months
Maryland requires at least 3,000 hours of acceptable appraisal experience
over a minimum of 18 months, including at least 1,500 hours in non-
residential appraisal work.
6. Which organization is primarily responsible for developing the
Certified General Appraiser examination?
A. National Association of Realtors (NAR)
B. Appraisal Institute (AI)
C. Appraiser Qualifications Board (AQB)
D. Federal Reserve Board
The Appraiser Qualifications Board (AQB), under The Appraisal Foundation,
develops the National Uniform Licensing and Certification Examinations,
including the Certified General Appraiser exam.
7. What type of properties fall under the Certified General Appraiser
scope?
A. Only single-family homes
B. Only duplexes and triplexes
C. Residential properties under $500,000 only
D. Residential, commercial, industrial, agricultural, and vacant land
The Certified General credential covers all property types without
restriction, including residential, commercial, industrial, agricultural, and
vacant land.
, 8. Which approach to value is most heavily emphasized in Certified
General appraisal practice for income-producing properties?
A. Cost approach only
B. Sales comparison approach only
C. Income capitalization approach
D. Gross rent multiplier approach exclusively
The income capitalization approach is heavily emphasized because
Certified General Appraisers frequently analyze income-producing
commercial properties where income potential drives value.
9. What is the approximate national pass rate range for the Certified
General Appraiser exam?
A. 80–90%
B. 70–80%
C. 60–65%
D. 55–60%
Data indicates the Certified General exam has a relatively low pass rate,
typically around 55–60%, reflecting its advanced difficulty level.
10. Which content area is commonly considered one of the most
challenging on the Certified General Appraiser exam?
A. Basic property definitions
B. Valuation principles and highest and best use analysis
C. Simple arithmetic calculations only
D. Real estate terminology memorization only
Valuation principles and highest and best use analysis are frequently
challenging because they require multi-step reasoning and application
rather than simple recall.