Kentucky Property Valuation
Administrator (PVA) Exam With Actual
Questions & Verified Answers ,Plus
Explained Rationales/Expert Verified
For Guaranteed Pass 2026/Latest
Update/Instant Download Pdf
Kentucky Property Valuation Administrator Exam
1. The primary responsibility of a Kentucky Property Valuation
Administrator (PVA) is to
A. Collect property taxes
B. Issue building permits
C. Assess property values for taxation
D. Enforce zoning ordinances
C
The PVA’s chief role is to fairly and accurately assess all real
property for tax purposes.
2. The PVA must follow which state agency’s guidelines for
property assessment?
A. Kentucky Revenue Cabinet
B. Department of Revenue
C. State Auditor’s Office
D. Department of Local Government
B
, Kentucky’s Department of Revenue oversees and provides
guidance to PVAs.
3. Property is assessed at what percentage of fair cash value in
Kentucky?
A. 50%
B. 75%
C. 80%
D. 100%
D
Kentucky law requires real property to be assessed at 100% of
fair cash value.
4. “Fair cash value” refers to
A. Replacement cost
B. Forced-sale value
C. Market value
D. Insurance value
C
Fair cash value is the price a property would bring in an open
market under normal conditions.
5. The PVA is required to physically inspect property at least once
every
A. 1 year
B. 2 years
C. 3 years
D. 4 years
C
Kentucky mandates a physical review once every four years as
part of the quadrennial cycle.
, 6. Which document determines how tax revenue is distributed to
local government units?
A. Assessment roll
B. Tax rate ordinance
C. Homestead exemption form
D. PVA procedural manual
A
The assessment roll lists all taxable property, forming the basis
for revenue distribution.
7. The PVA must keep property records that are
A. Secret
B. Unavailable to the public
C. Open for public inspection
D. Restricted to state officials
C
Assessment records are public documents available for
inspection.
8. A homestead exemption in Kentucky applies to individuals aged
A. 55+
B. 60+
C. 62+
D. 65+
D
Kentucky's homestead exemption applies to homeowners
aged 65 or older.
9. Which valuation method is best for income-producing
property?
A. Sales comparison
B. Income approach
Administrator (PVA) Exam With Actual
Questions & Verified Answers ,Plus
Explained Rationales/Expert Verified
For Guaranteed Pass 2026/Latest
Update/Instant Download Pdf
Kentucky Property Valuation Administrator Exam
1. The primary responsibility of a Kentucky Property Valuation
Administrator (PVA) is to
A. Collect property taxes
B. Issue building permits
C. Assess property values for taxation
D. Enforce zoning ordinances
C
The PVA’s chief role is to fairly and accurately assess all real
property for tax purposes.
2. The PVA must follow which state agency’s guidelines for
property assessment?
A. Kentucky Revenue Cabinet
B. Department of Revenue
C. State Auditor’s Office
D. Department of Local Government
B
, Kentucky’s Department of Revenue oversees and provides
guidance to PVAs.
3. Property is assessed at what percentage of fair cash value in
Kentucky?
A. 50%
B. 75%
C. 80%
D. 100%
D
Kentucky law requires real property to be assessed at 100% of
fair cash value.
4. “Fair cash value” refers to
A. Replacement cost
B. Forced-sale value
C. Market value
D. Insurance value
C
Fair cash value is the price a property would bring in an open
market under normal conditions.
5. The PVA is required to physically inspect property at least once
every
A. 1 year
B. 2 years
C. 3 years
D. 4 years
C
Kentucky mandates a physical review once every four years as
part of the quadrennial cycle.
, 6. Which document determines how tax revenue is distributed to
local government units?
A. Assessment roll
B. Tax rate ordinance
C. Homestead exemption form
D. PVA procedural manual
A
The assessment roll lists all taxable property, forming the basis
for revenue distribution.
7. The PVA must keep property records that are
A. Secret
B. Unavailable to the public
C. Open for public inspection
D. Restricted to state officials
C
Assessment records are public documents available for
inspection.
8. A homestead exemption in Kentucky applies to individuals aged
A. 55+
B. 60+
C. 62+
D. 65+
D
Kentucky's homestead exemption applies to homeowners
aged 65 or older.
9. Which valuation method is best for income-producing
property?
A. Sales comparison
B. Income approach
