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Texas SAE Real Estate Appraisal Exam Newest 2025 Actual Exam Test Bank| Complete 400 Real Exam Questions and Verified Answers (100% Correct Answers) Texas SAE Real Estate Appraisal Exam Review 2025(Brand New!)

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Texas SAE Real Estate Appraisal Exam Newest 2025 Actual Exam Test Bank| Complete 400 Real Exam Questions and Verified Answers (100% Correct Answers) Texas SAE Real Estate Appraisal Exam Review 2025(Brand New!)

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Voorbeeld van de inhoud

1|Page


Texas SAE Real Estate Appraisal Exam Newest 2025 Actual
Exam Test Bank| Complete 400 Real Exam Prep Questions
and Verified Answers (Correct Answers) Texas SAE Real
Estate Appraisal Exam Review 2025(Brand New!)



Sandra is using the straight-line method to measure depreciation. By
what other name is this method known?
Age-life
Capitalized Value
Market Extraction
Observed Condition - Correct Answer - Age-life


The presence of neighborhood amenities, such as shopping and schools,
is an example of which real estate value influencer?
Economic
Governmental
Physical
Social - Correct Answer - Physical


Gene and Alex bought a property that backed up to a neighborhood park.
The previous owner mentioned that ever since the park was built eight
years ago, the next door neighbor who works at the park has cut through
the yard to get to the park rather than going around via the streets, which
saves about half a mile. What kind of easement is this?


pg. 1

,2|Page


Easement by prescription
Easement in gross
Express easement
Visible easement - Correct Answer - Easement by prescription


What type of interest involves the property ownership going back to the
original owner at the end of the life estate?
Dual ownership
Pur autre vie
Remainder interest
Reversionary interest - Correct Answer - Reversionary interest


Frank is a successful real estate developer who has just gotten started on
his latest townhome development. What regulations does he need to
make sure his electricians follow when installing the homes' wiring?
The Aluminum Worker's Regimen
The Greenfield Conduction Standards
The National Electric Code
The Volt and Amp Society Guidelines - Correct Answer - The National
Electric Code


The ______ measures the cost to reproduce a property, including land
acquisition and construction costs.
Cost approach
Income approach

pg. 2

,3|Page


Indirect approach
Sales comparison approach - Correct Answer - Cost approach


Which of the following does an appraiser take into consideration when
determining site value?
Location
Location, amenities, and improvements
Location and amenities
Location and improvements - Correct Answer - Location and amenities


How does an appraiser determine site value when using the cost
approach method?
By looking at previous appraisals for the property
By subtracting the value of the improvements
By taking a percentage of the seller's asking price
By using the sales comparison method - Correct Answer - By using the
sales comparison method


Which type of heating system takes cool air and passes it through the
heat source using a fan or blower?
Boiler
Forced air
Hot water
Steam - Correct Answer - Forced air


pg. 3

, 4|Page




A real estate appraisal may be used to ______.
Detect structural defects in a building
Determine the fee to be paid to the real estate agents at closing
Find potential issues with the title to the property
Set a value for property that's part of an estate - Correct Answer - Set a
value for property that's part of an estate


Which line item in the Cost Approach section in the URAR form is used
to capture the appraiser's opinion of value for the property?
Depreciated Cost of Improvements
Indicated Value By Cost Approach
Opinion of Site Value
Total Estimate of Cost-New - Correct Answer - Indicated Value By Cost
Approach


A manufactured home is required to have a ______ affixed to the
exterior of each section.
Certificate of Modular Construction
Data sheet
HUD code tag
Warning sign - Correct Answer - HUD code tag


Eloise is interested in buying a bungalow on the outskirts of the city. Her
agent is reviewing the property details and informs her that there are

pg. 4

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