Texas Property Tax Consultant Exam
Review UPDATED ACTUAL Questions and
CORRECT Answers
The Texas Property Tax Code, Section 41, provides for local review which...
a. Lists the reasons for taxpayer appeals
b. Lists the type of exemptions available to the taxpayer
c. Lists the different types of taxable property
d. Lists the qualifications to serve on an Appraisal Review Board (ARB) - CORRECT
ANSWER - a. Lists the reasons for taxpayer appeals
Property Value may be estimated by using...
a. Situs, depreciation and prices per square foot of improvements
b. Age/life method, historical cost, replacement cost new
c. Sales comparison, income capitalization, and cost approach
d. Principle of substitution, supply and demand, Principle of balance - CORRECT
ANSWER - c. Sales comparison, income capitalization, and cost approach
The Texas Property Tax Code, Section 42, provides for Judicial Review including...
a. The rights of disabled veterans
b. The right to appeal the Order Determining Protest from the ARB
c. Alternate appeal methods in lieu of an appeal to the ARB
d. The rights of filing late applications - CORRECT ANSWER - b. The right to appeal the
Order Determining Protest from the ARB
Appraisal Review Board (ARB) members are compensated by...
,a. The State Comptroller's Office
b. The taxing units located in the district
c. The appraisal district
d. Each person who files an appeal to the ARB - CORRECT ANSWER - c. The appraisal
district
Once a person is appointed to the ARB...
a. He/She cannot be removed from the ARB during the appointed term
b. May be removed only by a majority vote of the appraisal district's board of directors
c. May be removed only by the State Comptrollers Office
d. May be removed only by a majority of voting taxpayers within the district - CORRECT
ANSWER - b. May be removed only by a majority vote of the appraisal district's board of
directors
The ARB has the authority to...
a. Subpoena witnesses, records and financial documents of a business
b. Terminate the employment of the chief appraiser
c. Select the person who will represent the district at a hearing
d. Set tax rates for taxing entities within the county they serve - CORRECT ANSWER - a.
Subpoena witnesses, records and financial documents of a business
Uniform Standard of Professional Appraisal Practices (USPAP)...
a. Do not apply when using mass appraisal techniques
b. Have no effect on market value for property tax purposes
c. Are required to be used by appraisal districts when estimating market value
,d. Are used only when appraising property for finance purposes - CORRECT ANSWER -
c. Are required to be used by appraisal districts when estimating market value
After the ARB has heard evidence from the protesting party and appraisal district, they shall
determine the protest and...
a. Notify the taxing unit of its decision
b. Notify the taxpayer electronically of their decision
c. Notify the chief appraiser of their decision
d. Notify the taxpayer of their decision by written order - CORRECT ANSWER - d.
Notify the taxpayer of their decision by written order
Equal and uniform taxation is mandated by...
a. The State Comptrollers Office
b. The ARB
c. The Texas Constitution and the Texas Property Tax Code
d. Federal Law - CORRECT ANSWER - c. The Texas Constitution and the Texas
Property Tax Code
According to the Texas Property Tax Code, a tax bill mailed after January 10, has a delinquency
date of...
a. The first day of the next month, providing at least 21 days to pay
b. 60 days from the mailing date of the bill
c. January 31
d. 30 days from the mailing date of the bill - CORRECT ANSWER - a. The first day of the
next month, providing at least 21 days to pay
Business personal property...
, a. is exempt from property taxation
b. May be tangible or intangible
c. Is valued using only the income capitalization method
d. Includes special land use - CORRECT ANSWER - b. May be tangible or intangible
A taxpayer may...
a. Designate powers to more than one agent for a single item listed on the authorization form
b. Designate general powers to more than one agent
c. Designate a member of the ARB to represent his/her property
d. Designate an agent to receive only communications from the chief appraiser, the ARB and
represent them in property tax matters - CORRECT ANSWER - d. Designate an agent to
receive only communications from the chief appraiser, the ARB and represent them in property
tax matters
An acre of land contains...
a. 42,360 sq. ft.
b. 22,460 sq. ft.
c. 43,560 sq. ft.
d. 34,360 sq. ft - CORRECT ANSWER - c. 43,560 sq. ft.
Representation of a property owner is governed by what section of the Texas Property Tax
Code?
a. Section 41.411
b. Section 1.111
c. Section 25.25
Review UPDATED ACTUAL Questions and
CORRECT Answers
The Texas Property Tax Code, Section 41, provides for local review which...
a. Lists the reasons for taxpayer appeals
b. Lists the type of exemptions available to the taxpayer
c. Lists the different types of taxable property
d. Lists the qualifications to serve on an Appraisal Review Board (ARB) - CORRECT
ANSWER - a. Lists the reasons for taxpayer appeals
Property Value may be estimated by using...
a. Situs, depreciation and prices per square foot of improvements
b. Age/life method, historical cost, replacement cost new
c. Sales comparison, income capitalization, and cost approach
d. Principle of substitution, supply and demand, Principle of balance - CORRECT
ANSWER - c. Sales comparison, income capitalization, and cost approach
The Texas Property Tax Code, Section 42, provides for Judicial Review including...
a. The rights of disabled veterans
b. The right to appeal the Order Determining Protest from the ARB
c. Alternate appeal methods in lieu of an appeal to the ARB
d. The rights of filing late applications - CORRECT ANSWER - b. The right to appeal the
Order Determining Protest from the ARB
Appraisal Review Board (ARB) members are compensated by...
,a. The State Comptroller's Office
b. The taxing units located in the district
c. The appraisal district
d. Each person who files an appeal to the ARB - CORRECT ANSWER - c. The appraisal
district
Once a person is appointed to the ARB...
a. He/She cannot be removed from the ARB during the appointed term
b. May be removed only by a majority vote of the appraisal district's board of directors
c. May be removed only by the State Comptrollers Office
d. May be removed only by a majority of voting taxpayers within the district - CORRECT
ANSWER - b. May be removed only by a majority vote of the appraisal district's board of
directors
The ARB has the authority to...
a. Subpoena witnesses, records and financial documents of a business
b. Terminate the employment of the chief appraiser
c. Select the person who will represent the district at a hearing
d. Set tax rates for taxing entities within the county they serve - CORRECT ANSWER - a.
Subpoena witnesses, records and financial documents of a business
Uniform Standard of Professional Appraisal Practices (USPAP)...
a. Do not apply when using mass appraisal techniques
b. Have no effect on market value for property tax purposes
c. Are required to be used by appraisal districts when estimating market value
,d. Are used only when appraising property for finance purposes - CORRECT ANSWER -
c. Are required to be used by appraisal districts when estimating market value
After the ARB has heard evidence from the protesting party and appraisal district, they shall
determine the protest and...
a. Notify the taxing unit of its decision
b. Notify the taxpayer electronically of their decision
c. Notify the chief appraiser of their decision
d. Notify the taxpayer of their decision by written order - CORRECT ANSWER - d.
Notify the taxpayer of their decision by written order
Equal and uniform taxation is mandated by...
a. The State Comptrollers Office
b. The ARB
c. The Texas Constitution and the Texas Property Tax Code
d. Federal Law - CORRECT ANSWER - c. The Texas Constitution and the Texas
Property Tax Code
According to the Texas Property Tax Code, a tax bill mailed after January 10, has a delinquency
date of...
a. The first day of the next month, providing at least 21 days to pay
b. 60 days from the mailing date of the bill
c. January 31
d. 30 days from the mailing date of the bill - CORRECT ANSWER - a. The first day of the
next month, providing at least 21 days to pay
Business personal property...
, a. is exempt from property taxation
b. May be tangible or intangible
c. Is valued using only the income capitalization method
d. Includes special land use - CORRECT ANSWER - b. May be tangible or intangible
A taxpayer may...
a. Designate powers to more than one agent for a single item listed on the authorization form
b. Designate general powers to more than one agent
c. Designate a member of the ARB to represent his/her property
d. Designate an agent to receive only communications from the chief appraiser, the ARB and
represent them in property tax matters - CORRECT ANSWER - d. Designate an agent to
receive only communications from the chief appraiser, the ARB and represent them in property
tax matters
An acre of land contains...
a. 42,360 sq. ft.
b. 22,460 sq. ft.
c. 43,560 sq. ft.
d. 34,360 sq. ft - CORRECT ANSWER - c. 43,560 sq. ft.
Representation of a property owner is governed by what section of the Texas Property Tax
Code?
a. Section 41.411
b. Section 1.111
c. Section 25.25
