1|Page
TEXAS PROPERTY TAX CONSULTANT EXAM AND
PRACTICE EXAM NEWEST 2026 TEST BANK|
PROPERTY TAX CONSULTANT TEXAS EXAM PREP
WITH COMPLETE 550 REAL EXAM QUESTIONS AND
CORRECT VERIFIED ANSWERS/ ALREADY GRADED
A+ (MOST RECENT!!)
Which of the following is not a form of private limitation?
a. Lease
b. Mortgage
c. Severalty
d. Easement - Correct Answer - c. Severalty
A tenant or lessee may most likely possess which type of interest?
a. Life estate
b. Leased fee estate
c. Lien
d. Leasehold estate - Correct Answer - d. Leasehold estate
Which of the following is not a form of an ownership limitation?
a. Lease
b. Tenancy
c. Mortgage
d. Easement - Correct Answer - b. Tenancy
pg. 1
,2|Page
Which of the following is not a type of special ownership?
a. Escheat
b. Condominium
c. Co-operative
d. Time-share - Correct Answer - a. Escheat
Which type of title transfer offers a guarantee of the title from the seller
to the buyer?
a. Quitclaim
b. Title insurance
c. General warranty
d. Adverse possession - Correct Answer - c. General warranty
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
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
pg. 2
,3|Page
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
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
d. Section 11.11 - Correct Answer - b. Section 1.111
An improvement which works and is useful is said to have?
a. Depreciation
b. A higher market value
c. Highest and best use
d. Functional utility - Correct Answer - d. Functional utility
A method of land surveying that describes a parcel of land is?
a. The measurements around the perimeter of the land
b. Metes and bounds
c. A geological survey
d. Site analysis - Correct Answer - b. Metes and bounds
A flaw in construction, materials, or design is known as...
a. Economic obsolescence
b. Depreciated value of the improvements
pg. 3
, 4|Page
c. Functional obsolescence
d. External influences - Correct Answer - c. Functional obsolescence
If the net operating income is $35,100 and the sales price is $368,500,
the rounded capitalization rate would be?
a. 0.0953
b. 0.0876
c. 1.16
d. 0.953 - Correct Answer - a. 0.0953
If the net operating income is $85,000 and the capitalization rate is
0.0825, the indicated value would be...
a. $1,500,000
b. $1,100,000
c. $1,520,000
d. $1,030,300 - Correct Answer - d. $1,030,300
The total hard construction cost for a development was $1,394,581. The
total soft construction costs for the development were equal to 15% of
the hard construction costs. What was the total dollar amount of the soft
construction costs?
a. $209,187
b. $1,603768
c. $240,565
d. $1,394,581 - Correct Answer - a. $209,187
pg. 4
TEXAS PROPERTY TAX CONSULTANT EXAM AND
PRACTICE EXAM NEWEST 2026 TEST BANK|
PROPERTY TAX CONSULTANT TEXAS EXAM PREP
WITH COMPLETE 550 REAL EXAM QUESTIONS AND
CORRECT VERIFIED ANSWERS/ ALREADY GRADED
A+ (MOST RECENT!!)
Which of the following is not a form of private limitation?
a. Lease
b. Mortgage
c. Severalty
d. Easement - Correct Answer - c. Severalty
A tenant or lessee may most likely possess which type of interest?
a. Life estate
b. Leased fee estate
c. Lien
d. Leasehold estate - Correct Answer - d. Leasehold estate
Which of the following is not a form of an ownership limitation?
a. Lease
b. Tenancy
c. Mortgage
d. Easement - Correct Answer - b. Tenancy
pg. 1
,2|Page
Which of the following is not a type of special ownership?
a. Escheat
b. Condominium
c. Co-operative
d. Time-share - Correct Answer - a. Escheat
Which type of title transfer offers a guarantee of the title from the seller
to the buyer?
a. Quitclaim
b. Title insurance
c. General warranty
d. Adverse possession - Correct Answer - c. General warranty
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
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
pg. 2
,3|Page
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
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
d. Section 11.11 - Correct Answer - b. Section 1.111
An improvement which works and is useful is said to have?
a. Depreciation
b. A higher market value
c. Highest and best use
d. Functional utility - Correct Answer - d. Functional utility
A method of land surveying that describes a parcel of land is?
a. The measurements around the perimeter of the land
b. Metes and bounds
c. A geological survey
d. Site analysis - Correct Answer - b. Metes and bounds
A flaw in construction, materials, or design is known as...
a. Economic obsolescence
b. Depreciated value of the improvements
pg. 3
, 4|Page
c. Functional obsolescence
d. External influences - Correct Answer - c. Functional obsolescence
If the net operating income is $35,100 and the sales price is $368,500,
the rounded capitalization rate would be?
a. 0.0953
b. 0.0876
c. 1.16
d. 0.953 - Correct Answer - a. 0.0953
If the net operating income is $85,000 and the capitalization rate is
0.0825, the indicated value would be...
a. $1,500,000
b. $1,100,000
c. $1,520,000
d. $1,030,300 - Correct Answer - d. $1,030,300
The total hard construction cost for a development was $1,394,581. The
total soft construction costs for the development were equal to 15% of
the hard construction costs. What was the total dollar amount of the soft
construction costs?
a. $209,187
b. $1,603768
c. $240,565
d. $1,394,581 - Correct Answer - a. $209,187
pg. 4
