CG EXAM Q'S QUESTIONS AND
ANSWERS WITH COMPLETE
SOLUTIONS 100% CORRECT UPDATED
2025/2026
The following data were found for the subject and four comparable
properties. Based on the sales presented in the chart, what is the appropriate
adjustment for size?
Item Subject Sale 1 Sale 2 Sale 3 Sale 4
Sale price $176,000 $172,000 $328,000 $164,000
Price per acre $2,200 $2,150 $2,050 $2,050
Date of sale Current Current Current Current
Size (acres) 80 80 80 160 80
Location Good Good Good Good Good
Road type Gravel Paved Paved Paved Gravel
Topography Fair Good Fair Fair Good
Answer: ✔✔ +100 per acre
Explanation: The adjustment for size is based on the difference in price per acre
between the comparable properties and the subject property. Based on the data, the
price per acre for Sale 2 and Sale 4 is lower than the subject, suggesting an
adjustment of +100 per acre.
If the compatible land uses of an area are impacted, what is being impacted?
Answer: ✔✔ Neighborhood
,Explanation: When the compatible land uses in an area are impacted, it typically
refers to changes in the neighborhood that can affect property values, zoning, or
land use permissions.
Sometimes there are errors in the logic and presentation of data. You must
present enough data to ensure that the credibility of the results is not in
question. The _____ is always a concern.
Answer: ✔✔ Quality and Quantity of Data
Explanation: Quality and quantity of data are essential to ensure that the analysis
is credible. Missing or inaccurate data can undermine the validity of the
conclusions.
To identify an area based on criminal activity does what?
Answer: ✔✔ Creates Bias
Explanation: Identifying an area based solely on criminal activity can introduce
bias, as it may unfairly influence perceptions about the area’s desirability or safety.
The _______ is the part of the building that is above ground level, and it is the
area of emphasis in the building description of most appraisals.
Answer: ✔✔ Superstructure
Explanation: The superstructure refers to the part of the building above ground
level, which includes the floors, walls, and roof. It is often the focal point in
building appraisals.
The _______ is the part of the building that is above ground level, and it is the area
of emphasis in the building description of most appraisals. -
ANSWER✔✔Superstructure
, The ________ is the part of the building that is below ground level and supports
the remainder of the improvements above ground level. -
ANSWER✔✔Substructure
What is a public restriction that impacts a sites use? -ANSWER✔✔Public
restriction - "Absolute ownership unencumbered by any other interest or estate,
subject only to the limitations imposed by the governmental powers of taxation,
eminent domain, police power, and escheat."
A property was owned by a developer in 1950 who had a deed restriction
established that the site cannot be developed over 1 story. What is this? -
ANSWER✔✔Private Restriction
What would not be an example of soft costs? -ANSWER✔✔Developer's Estimate
The market extraction for depreciation is being analyzed, comparable land values
are being reviewed and the cost approach is being checked for accuracy. What is
going on? -ANSWER✔✔The is the cost approach being reconciled.
The dividing of a market into groups and subgroups. -ANSWER✔✔Market
Segmentation
What units of comparison are used in the sales comparison approach? -
ANSWER✔✔What is most common in the market. What is most common of
peers.
A developer wants to get a nursing home developed. He has doctors sign a
certification to get it approved. What is the letter? -ANSWER✔✔Intangible
property
ANSWERS WITH COMPLETE
SOLUTIONS 100% CORRECT UPDATED
2025/2026
The following data were found for the subject and four comparable
properties. Based on the sales presented in the chart, what is the appropriate
adjustment for size?
Item Subject Sale 1 Sale 2 Sale 3 Sale 4
Sale price $176,000 $172,000 $328,000 $164,000
Price per acre $2,200 $2,150 $2,050 $2,050
Date of sale Current Current Current Current
Size (acres) 80 80 80 160 80
Location Good Good Good Good Good
Road type Gravel Paved Paved Paved Gravel
Topography Fair Good Fair Fair Good
Answer: ✔✔ +100 per acre
Explanation: The adjustment for size is based on the difference in price per acre
between the comparable properties and the subject property. Based on the data, the
price per acre for Sale 2 and Sale 4 is lower than the subject, suggesting an
adjustment of +100 per acre.
If the compatible land uses of an area are impacted, what is being impacted?
Answer: ✔✔ Neighborhood
,Explanation: When the compatible land uses in an area are impacted, it typically
refers to changes in the neighborhood that can affect property values, zoning, or
land use permissions.
Sometimes there are errors in the logic and presentation of data. You must
present enough data to ensure that the credibility of the results is not in
question. The _____ is always a concern.
Answer: ✔✔ Quality and Quantity of Data
Explanation: Quality and quantity of data are essential to ensure that the analysis
is credible. Missing or inaccurate data can undermine the validity of the
conclusions.
To identify an area based on criminal activity does what?
Answer: ✔✔ Creates Bias
Explanation: Identifying an area based solely on criminal activity can introduce
bias, as it may unfairly influence perceptions about the area’s desirability or safety.
The _______ is the part of the building that is above ground level, and it is the
area of emphasis in the building description of most appraisals.
Answer: ✔✔ Superstructure
Explanation: The superstructure refers to the part of the building above ground
level, which includes the floors, walls, and roof. It is often the focal point in
building appraisals.
The _______ is the part of the building that is above ground level, and it is the area
of emphasis in the building description of most appraisals. -
ANSWER✔✔Superstructure
, The ________ is the part of the building that is below ground level and supports
the remainder of the improvements above ground level. -
ANSWER✔✔Substructure
What is a public restriction that impacts a sites use? -ANSWER✔✔Public
restriction - "Absolute ownership unencumbered by any other interest or estate,
subject only to the limitations imposed by the governmental powers of taxation,
eminent domain, police power, and escheat."
A property was owned by a developer in 1950 who had a deed restriction
established that the site cannot be developed over 1 story. What is this? -
ANSWER✔✔Private Restriction
What would not be an example of soft costs? -ANSWER✔✔Developer's Estimate
The market extraction for depreciation is being analyzed, comparable land values
are being reviewed and the cost approach is being checked for accuracy. What is
going on? -ANSWER✔✔The is the cost approach being reconciled.
The dividing of a market into groups and subgroups. -ANSWER✔✔Market
Segmentation
What units of comparison are used in the sales comparison approach? -
ANSWER✔✔What is most common in the market. What is most common of
peers.
A developer wants to get a nursing home developed. He has doctors sign a
certification to get it approved. What is the letter? -ANSWER✔✔Intangible
property
