Property Tax Consultant (Texas) Exam Questions and Answers 100% Pass

Property Tax Consultant (Texas)

Exam Questions and Answers

100% Pass


The most common definition of appraisal is?




A. An opinion of Value

B. An Absolute Amount

C. An Educated Guess

D. All of the Above - CORRECT ANSWER-A. An Opinion of Value

In a Bundle of Rights Each "Stick" is?




A. Made of Oak

B. The Equivalent of a Dollar

C. A Right

D. None of the Above - CORRECT ANSWER-C. A Right

,Non-possessory Interest are Known as?




A. Encumbrances

B. Estates

C. Leasehold Estates

D. Worthless - CORRECT ANSWER-A. Encumbrances

A lien is?




A. A Financial Encumbrance

B. An Interest Held by a Creditor

C. A Building That Doesn't Stand Upright

D. Both A and B - CORRECT ANSWER-D. Both A and B




A Financial Encumbrance and An Interest Held by a Creditor

A Non-exclusive right to use someone else's property for a particular purpose is

known as?




A. Grossly Unfair

, B. An Embankment

C. An Easement

D. Trespassing - CORRECT ANSWER-C. An Easement

Eminent Domain is the Power of the Government to?




A. Take Private Property for Public Use

B. Arrest Spies

C. Set Lending rates

D. None of the Above - CORRECT ANSWER-A. Take Private Property for

Public Use

Ad Valorem Taxes are Based on the Value of?




A. A Loan Amount

B. Real Estate

C. Sales Totals

D. All of the Above - CORRECT ANSWER-B. Real Estate

The Monetary Worth of Property, goods, or services to buyers and sellers is the

common definition of?