CERTIFIED PENNYSYLVANIA EVALUATOR
EXAM (CPE) EXAM WITH CORRECT
ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2025 – 2026
Physical Forces - ANSWERS-Location, size of the
neighborhood, topography, appearance, size, shape and lot
area, street pattern, soil and subsoil conditions, drainage,
hazards, climate, utilities, conformity of house, proximity to
supporting facilities, nuisances, waste disposal,
transportation and location of labor force
Economic Factors - ANSWERS-Population growth, shifts and
declines patterns of use, amount of vacant land, new
construction, employment of resident, family income,
ownership-tenancy ratio, turnover and vacancy, price levels,
rent levels, lender attitudes and policies, foreclosure rate,
insurance rates, competing commercial neighborhoods,
business failure and turnover, and union attitudes.
,Legal/Governmental Factors - ANSWERS-municipal services,
planning, zoning, building codes, deed restrictions,
development regulations, taxes and special assessments
Social Forces - ANSWERS-crime, population densities and
characteristics of the residents
Sales comparison (market ) approach to value - ANSWERS-Is
an appraisal procedure where the market value of a
property is estimated based on the concept of value in
exchange. It is the process of analyzing sales of similar
recently sold properties in order to derive an indication of
the most probable sale price of the subject property.
The reliability of this approach is contingent upon:
1. the availability of comparative sales
2. the verification of the sales data
3. the number of adjustments necessary for different
physical characteristics
4. the amount of non-typical conditions that affect the
comparable sales
cost approach to value - ANSWERS-this approach estimates
value based on the proposition that the informed buyer
would pay no more than the cost of producing a substitute
,property with the same utility as the subject providing no
delays would be experiences. This approach to value
generally sets the upper limit of value and is best suited to
specialized or unique properties for which there are no
comparable sales to use as a comparison
Income approach to value - ANSWERS-the approach to value
that converts anticipated benefits of ownership in real
estate into a value estimate. This approach is widely used in
appraising income producing properties. The anticipated
future income is discounted to a present worth by the
capitalization process
In order for an assessor to accomplish the task of
discovering property, the assessor needs what? - ANSWERS-
An adequate mapping system ( GIS) showing every parcel of
land.
Last day to submit an appeal - ANSWERS-September 1
All appeals must be heard and decided by what date? -
ANSWERS-October 31st
, Last day to apply for the Homestead/Farmstead Exclusion -
ANSWERS-March 1st
Last day to apply for the Clean and Green program for the
next tax year - ANSWERS-June 1st
Date that public notice must be given that tax rolls are open
for public inspection - ANSWERS-July 1st
STEB must certify to all assessment Office their CLR's by
which date? - ANSWERS-July 1st
All notice of appeal decisions must be mailed - ANSWERS-
November 15th
Assessors Certification Date - ANSWERS-November 15th
Levels of appeal process - ANSWERS-1. County Board of
Assessment Appeals, 2. Court of Common Pleas of
Pennsylvania, 3.Commonwealth Court of Pennsylvania,
4.Superior Court of Pennsylvania
EXAM (CPE) EXAM WITH CORRECT
ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2025 – 2026
Physical Forces - ANSWERS-Location, size of the
neighborhood, topography, appearance, size, shape and lot
area, street pattern, soil and subsoil conditions, drainage,
hazards, climate, utilities, conformity of house, proximity to
supporting facilities, nuisances, waste disposal,
transportation and location of labor force
Economic Factors - ANSWERS-Population growth, shifts and
declines patterns of use, amount of vacant land, new
construction, employment of resident, family income,
ownership-tenancy ratio, turnover and vacancy, price levels,
rent levels, lender attitudes and policies, foreclosure rate,
insurance rates, competing commercial neighborhoods,
business failure and turnover, and union attitudes.
,Legal/Governmental Factors - ANSWERS-municipal services,
planning, zoning, building codes, deed restrictions,
development regulations, taxes and special assessments
Social Forces - ANSWERS-crime, population densities and
characteristics of the residents
Sales comparison (market ) approach to value - ANSWERS-Is
an appraisal procedure where the market value of a
property is estimated based on the concept of value in
exchange. It is the process of analyzing sales of similar
recently sold properties in order to derive an indication of
the most probable sale price of the subject property.
The reliability of this approach is contingent upon:
1. the availability of comparative sales
2. the verification of the sales data
3. the number of adjustments necessary for different
physical characteristics
4. the amount of non-typical conditions that affect the
comparable sales
cost approach to value - ANSWERS-this approach estimates
value based on the proposition that the informed buyer
would pay no more than the cost of producing a substitute
,property with the same utility as the subject providing no
delays would be experiences. This approach to value
generally sets the upper limit of value and is best suited to
specialized or unique properties for which there are no
comparable sales to use as a comparison
Income approach to value - ANSWERS-the approach to value
that converts anticipated benefits of ownership in real
estate into a value estimate. This approach is widely used in
appraising income producing properties. The anticipated
future income is discounted to a present worth by the
capitalization process
In order for an assessor to accomplish the task of
discovering property, the assessor needs what? - ANSWERS-
An adequate mapping system ( GIS) showing every parcel of
land.
Last day to submit an appeal - ANSWERS-September 1
All appeals must be heard and decided by what date? -
ANSWERS-October 31st
, Last day to apply for the Homestead/Farmstead Exclusion -
ANSWERS-March 1st
Last day to apply for the Clean and Green program for the
next tax year - ANSWERS-June 1st
Date that public notice must be given that tax rolls are open
for public inspection - ANSWERS-July 1st
STEB must certify to all assessment Office their CLR's by
which date? - ANSWERS-July 1st
All notice of appeal decisions must be mailed - ANSWERS-
November 15th
Assessors Certification Date - ANSWERS-November 15th
Levels of appeal process - ANSWERS-1. County Board of
Assessment Appeals, 2. Court of Common Pleas of
Pennsylvania, 3.Commonwealth Court of Pennsylvania,
4.Superior Court of Pennsylvania
