Texas Senior Property Tax
Consultant Study Guide| Brand
New Expert Exam Questions with
Clear Correct Verified Answers| All
Graded A+|Latest Premium
Update(2025-2026)|100%
Guaranteed Success.
The Texas Property Tax Code, Section 41, provides for Local Review which:
A - lists the reasons for taxpayer appeals
B - lists the types of exemptions available to the taxpayer
C - lists the different types of taxable property
D - lists the qualifications to serve on an appraisal review board - Answer✅✅A - lists
the reasons for taxpayer appeals
Property value may be estimated using what approaches: - Answer✅✅Sales
comparison, income capitalization and cost approaches
The Texas Property Tax Code, Section 42, provides for Judicial Review including:
A - the rights of disabled veterans
B - the right to appeal the Order of Determining Protest from the ARB
,C - alternate appeal methods in lieu of an appeal to the ARB
D - the rights to filing late applications - Answer✅✅B - the right to appeal the Order
of Determining Protest from the ARB
How are ARB members compensated? - Answer✅✅By the appraisal district
How may an ARB member be removed? - Answer✅✅Only by a majority vote of the
appraisal district board of directors
The ARB has the authority to:
A - subpoena witnesses, records and financial documents of a business
B - terminate the employment of the chief appraiser
C - select the person who will represent the district at a hearing
D - set tax rates for taxing entities within the county they serve - Answer✅✅A -
subpoena witnesses, records and financial documents of a business
What standards are required to be used by appraisal districts to estimate market
value? - Answer✅✅USPAP (Uniform Standards of Professional Appraisal Practices
After the ARB has heard evidence from the protesting party and appraisal district
they shall determine the protest and... - Answer✅✅Notify the taxpayer of their
decision by written order (NOD)
Equal and uniform taxation is mandated by - Answer✅✅The Texas Constitution and
the Texas Property Tax Code
According to the Texas Property Tax Code, a tax bill mailed after January 10, has a
delinquency date of - Answer✅✅the first day of the next month, providing at least
21 days to pay
Types of business personal property - Answer✅✅Tangible or intangible
(Furniture and fixtures, machinery and equipment, computers, supplies, inventory,
good will, etc. also acceptable)
A taxpayer may:
A - designate powers to more than one agent for a single item listed on the AOA
B - designate a general power to more than one agent
C - designate a member of the ARB to represent his/her property
D - designate an agent to receive only communications from the chief appraiser, the
ARB and represent them in property tax matters - Answer✅✅D - designate an agent
to receive only communications from the chief appraiser, the ARB and represent
them in property tax matters
An acre contains how many square feet? - Answer✅✅43, 560 sq. ft.
, Representation of a property owner is governed by what section of the Texas
Property Tax Code? - Answer✅✅Section 1.111
An easement is.... - Answer✅✅an interest in real property that transfers use but
not ownership of the property
An analysis of real property includes:
A - the type of building construction to be placed on vacant land
B - research of estimate of life expectancy of existing improvements
C - highest and best use
D - the possible zoning of the property - Answer✅✅C - highest and best use
An important component of the income approach is: - Answer✅✅The capitalization
rate (cap rate)
What are the steps used in the cost approach? - Answer✅✅
The sales comparison approach is best supported by... - Answer✅✅several sales of
similar properties in the same neighborhood or market area
A method of land surveying that describes a parcel of land is... - Answer✅✅metes
and bounds
What do you consider when estimating the value of the land? - Answer✅✅The size
and shape of the land
An improvement which works and is useful is said to have... - Answer✅✅functional
utility
Market value less total development costs equal - Answer✅✅profit (or loss)
Income less operating expenses equals - Answer✅✅NOI or net operating income
A flaw in construction, materials or design is known as - Answer✅✅functional
obsolescence
Ex parte communication between ARB members and the appraisal district is... -
Answer✅✅prohibited
All real and tangible personal property is
A - taxable based on the percentage of use in this state
B - taxable unless exempt by law
C - taxable if occupied on January 1
Consultant Study Guide| Brand
New Expert Exam Questions with
Clear Correct Verified Answers| All
Graded A+|Latest Premium
Update(2025-2026)|100%
Guaranteed Success.
The Texas Property Tax Code, Section 41, provides for Local Review which:
A - lists the reasons for taxpayer appeals
B - lists the types of exemptions available to the taxpayer
C - lists the different types of taxable property
D - lists the qualifications to serve on an appraisal review board - Answer✅✅A - lists
the reasons for taxpayer appeals
Property value may be estimated using what approaches: - Answer✅✅Sales
comparison, income capitalization and cost approaches
The Texas Property Tax Code, Section 42, provides for Judicial Review including:
A - the rights of disabled veterans
B - the right to appeal the Order of Determining Protest from the ARB
,C - alternate appeal methods in lieu of an appeal to the ARB
D - the rights to filing late applications - Answer✅✅B - the right to appeal the Order
of Determining Protest from the ARB
How are ARB members compensated? - Answer✅✅By the appraisal district
How may an ARB member be removed? - Answer✅✅Only by a majority vote of the
appraisal district board of directors
The ARB has the authority to:
A - subpoena witnesses, records and financial documents of a business
B - terminate the employment of the chief appraiser
C - select the person who will represent the district at a hearing
D - set tax rates for taxing entities within the county they serve - Answer✅✅A -
subpoena witnesses, records and financial documents of a business
What standards are required to be used by appraisal districts to estimate market
value? - Answer✅✅USPAP (Uniform Standards of Professional Appraisal Practices
After the ARB has heard evidence from the protesting party and appraisal district
they shall determine the protest and... - Answer✅✅Notify the taxpayer of their
decision by written order (NOD)
Equal and uniform taxation is mandated by - Answer✅✅The Texas Constitution and
the Texas Property Tax Code
According to the Texas Property Tax Code, a tax bill mailed after January 10, has a
delinquency date of - Answer✅✅the first day of the next month, providing at least
21 days to pay
Types of business personal property - Answer✅✅Tangible or intangible
(Furniture and fixtures, machinery and equipment, computers, supplies, inventory,
good will, etc. also acceptable)
A taxpayer may:
A - designate powers to more than one agent for a single item listed on the AOA
B - designate a general power to more than one agent
C - designate a member of the ARB to represent his/her property
D - designate an agent to receive only communications from the chief appraiser, the
ARB and represent them in property tax matters - Answer✅✅D - designate an agent
to receive only communications from the chief appraiser, the ARB and represent
them in property tax matters
An acre contains how many square feet? - Answer✅✅43, 560 sq. ft.
, Representation of a property owner is governed by what section of the Texas
Property Tax Code? - Answer✅✅Section 1.111
An easement is.... - Answer✅✅an interest in real property that transfers use but
not ownership of the property
An analysis of real property includes:
A - the type of building construction to be placed on vacant land
B - research of estimate of life expectancy of existing improvements
C - highest and best use
D - the possible zoning of the property - Answer✅✅C - highest and best use
An important component of the income approach is: - Answer✅✅The capitalization
rate (cap rate)
What are the steps used in the cost approach? - Answer✅✅
The sales comparison approach is best supported by... - Answer✅✅several sales of
similar properties in the same neighborhood or market area
A method of land surveying that describes a parcel of land is... - Answer✅✅metes
and bounds
What do you consider when estimating the value of the land? - Answer✅✅The size
and shape of the land
An improvement which works and is useful is said to have... - Answer✅✅functional
utility
Market value less total development costs equal - Answer✅✅profit (or loss)
Income less operating expenses equals - Answer✅✅NOI or net operating income
A flaw in construction, materials or design is known as - Answer✅✅functional
obsolescence
Ex parte communication between ARB members and the appraisal district is... -
Answer✅✅prohibited
All real and tangible personal property is
A - taxable based on the percentage of use in this state
B - taxable unless exempt by law
C - taxable if occupied on January 1
