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Certified Pennsylvania Evaluator Exam | 180+ Questions on Valuation Principles, Assessment Law, Market Approaches | 2025/2026

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This extensive exam prep document contains over 180 questions and answers designed specifically for the Certified Pennsylvania Evaluator (CPE) Exam for the 2025/2026 cycle. It reflects the most current updates and covers in-depth knowledge required for assessors and real estate professionals working in ad valorem taxation and property valuation across Pennsylvania. Topics include: Assessor roles, laws, and timelines such as appeal deadlines, Clean & Green Act 319, Act 28 of 1992, Homestead/Farmstead exclusions, and certification requirements Property types and ownership forms, including real vs personal property, tangible vs intangible, chattel, fixture, and bundle of rights Legal and governmental frameworks: zoning, escheat, eminent domain, taxation, and the Pennsylvania Constitution’s uniformity clause Valuation principles and approaches: Highest and Best Use, Substitution, Progression/Regression, Cost Approach, Sales Comparison, and Income Capitalization Appraisal mechanics: paired sales analysis, GRM/GIM, depreciation, data collection (general, specific, comparative), appraisal process steps Land analysis and site valuation: frontage, acreage, plottage, improvements, and market-based unit comparisons Financial concepts and calculations: effective gross income, net leases, expense categories, entrepreneurial profit vs incentive, LTV ratio, and tax calculations The content is aligned with Pennsylvania assessment practices and real estate standards. It’s ideal for: Individuals preparing for the Certified Pennsylvania Evaluator (CPE) licensing exam Professionals in real estate appraisal, municipal finance, urban planning, land development, and tax assessment Students pursuing degrees or certifications in real estate, public administration, or property law Keywords: CPE exam, Pennsylvania assessor, real estate valuation, appraisal principles, ad valorem taxation, highest and best use, income approach, cost approach, sales comparison approach, real property law, Clean and Green Act, Act 28, property rights, market value, GRM, GIM, site valuation, appraisal process, uniformity clause, zoning laws, land improvement

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CERTIFIED PENNSYLVANIA EVALUATOR
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Uploaded on
October 15, 2025
Number of pages
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Written in
2025/2026
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Certified Pennsylvania Evaluator Exam
(CPE) 2025/2026 Exam Questions and
Correct Answers | New Update



Assessor - 🧠 ANSWER ✔✔Any person responsible for the valuation of real

property for ad valorum taxation purposes


Duties and Responsibilities of an Assessor - 🧠 ANSWER ✔✔Discovering,

Listing, Valuing


Clean & Green - Act 319 - 🧠 ANSWER ✔✔Has two values, Value in Use

and Value in Exchange


An Assessor is accountable to whom? - 🧠 ANSWER ✔✔Himself, taxpayers

and all taxing authorities

In order for an assessor to accomplish the task of discovering property, the

assessor needs what? - 🧠 ANSWER ✔✔An adequate mapping system (

GIS) showing every parcel of land.

,Last day to submit an appeal - 🧠 ANSWER ✔✔September 1


All appeals must be heard and decided by what date? - 🧠 ANSWER

✔✔October 31st


Last day to apply for the Homestead/Farmstead Exclusion - 🧠 ANSWER

✔✔March 1st


Last day to apply for the Clean and Green program for the next tax year - 🧠

ANSWER ✔✔June 1st


Date that public notice must be given that tax rolls are open for public

inspection - 🧠 ANSWER ✔✔July 1st


STEB must certify to all assessment Office their CLR's by which date? - 🧠

ANSWER ✔✔July 1st


All notice of appeal decisions must be mailed - 🧠 ANSWER ✔✔November

15th


Assessors Certification Date - 🧠 ANSWER ✔✔November 15th

,Levels of appeal process - 🧠 ANSWER ✔✔1. County Board of Assessment

Appeals, 2. Court of Common Pleas of Pennsylvania, 3.Commonwealth

Court of Pennsylvania, 4.Superior Court of Pennsylvania

Assessors are charged with the responsibility of administering what? - 🧠

ANSWER ✔✔A uniform and equitable assessment system


March 17th 1987 - 🧠 ANSWER ✔✔The Assessors Certification Act required

that all persons responsible for the valuation of real property for ad valorem

taxation purposes be certified to do so by he State Tax Equalization Board.

Has three years from the start of employment to become certified


March 17, 1992 - 🧠 ANSWER ✔✔The responsibility to certify assessors

shifted from the State Tax Equalization Board to the State Board of

Certified Real Estate Appraisers.


State Board of Certified Real Estate Appraisers - 🧠 ANSWER ✔✔The state

board certification body

To be certified by the State Board of Certified Real Estate Appraisers, the

assessor must: - 🧠 ANSWER ✔✔1. Possess a high school diploma, or its

equivalent, or two years of assessing experience



COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED

, 2. Shall be at least 18 years of age

3. Shall be a resident of this Commonwealth for at least six months

4. Successfully completed a minimum of 90 hours of the basic course of

study of the International Association of Assessing Officers (IAO) or the

Assessors Association of Pennsylvania (AAP)

5. This act does not apply to counties of the First Class (Philadelphia

Counties)


How often must an assessor recertify? - 🧠 ANSWER ✔✔Every two years.


June 30 Odd number years (license runs out)

July 1 odd number of years (starts a new license year)

Example: July 1, 2009 to June 20, 2011

To become re-certified the assessor must accumulate how many hours of

continuing professional education credits? - 🧠 ANSWER ✔✔28 hours




7 hours must be on USPAP (Uniform Standards of Professional Appraisal

Practice)

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