Exam (elaborations)
CERTIFIED PENNSYLVANIA EVALUATOR EXAM (CPE)
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CERTIFIED PENNSYLVANIA EVALUATOR EXAM (CPE)
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CERTIFIED PENNSYLVANIA EVALUATOR EXAM (CPE)Assessor - Answers -Any person responsible for the valuation of real property for ad
valorum taxation purposes
Duties and Responsibilities of an Assessor - Answers -Discovering, Listing, Valuing
Clean & Green - Act 319 - Answers -Has two values, Value in Use and Value in
Exchange
An Assessor is accountable to whom? - Answers -Himself, taxpayers and all taxing
authorities
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
How often must an assessor recertify? - Answers -Every two years.
June 30 Odd number years (license runs out)
July 1 odd number of years (starts a new license year)
Example: July 1, 2009 to June 20, 2011
To become re-certified the assessor must accumulate how many hours of continuing
professional education credits? - Answers -28 hours
7 hours must be on USPAP (Uniform Standards of Professional Appraisal Practice)
2 hours must be on Assessor's Certification Act (Act 28 of 1992)
The State Board of Certified Real Estate Appraisers approves the courses or activities
necessary to comply with the re-certification requirements
ASB - Answers -Appraisal Standards Board
An appraiser must perform assignments with what? - Answers -Impartiality, Objectivity
and Independence, without accommodation of personal interest
,How long must an appraiser retain his/her workfile? - Answers -5 years after preparation
or 2 years after final disposition of any judicial processing.
Whichever expires last!
Workfile must include the following: - Answers -1. Name of the client and the identity, by
name or type, of any intended users
2. True copies of any written reports, documents on any type of media
3. Summaries of any oral reports or testimony, or a transcript of testimony, including the
appraiser's signed and dated certification
4. All other date, information, and documentation necessary to support the appraiser's
opinions and conclusions and to show compliance with this Rule and all other applicable
Standers, or references to the location(s) of such other
To have a successful assessment office the assessor must have? - Answers -The trust
of those he or she serves
The assessor and his staff should always consider themselves what? - Answers -Good
will ambassadors of the taxation process and county government
As assessment office must have which legally required materials readily available and
easily accessible to the public? - Answers -1. property record cards
2. maps
3. Tax duplicates
4. alphabetical index
Title 53 Purdons - Answers -The volume that has pertinent court cases and taxation
laws for Pennsylvania assessment.
Ad valorem - Answers -At value.
The ad valorem tax is one which is based on the value of tangible and intangible
property.
Article VIII Section 1 - Answers -This is known as the uniformity clause of the
Pennsylvania constitution.
Provides that all persons and property (tangible and intangible) be assessed and taxed
uniformly as a class.
Uniformity!
Mill - Answers -one dollar of tax per every one thousand dollars of assessed value
Assessment X Millage Rate = - Answers -Taxes to be paid by the taxpayer
Base Year Market Value X Predetermined Ratio= - Answers -Assessment
Real Estate - Answers -The physical land and everything permanently attached to it.
, Strictly Tangible
Tangible - Answers -What you can see and touch
Real Property - Answers -Sum of the tangible and intangible rights in lands and
improvements to land. It refers to the interest, benefits and rights inherent in the
ownership of physical real estate.
Personal Property - Answers -Moveable items not permanently affixed to, or part of, the
real estate
Common Level Ratio - Answers -Weighted sales ratio that examines the relationship
between the assessment and current sales price.
The ratio of the current existing assessments to the current validated sales price of
properties that have sold. STEB sets this before July 1st.
STEB must certify the CLR by? - Answers -July 1st
STEB must certified the CLR on or before? - Answers -June 30th
Assessment/Sales Price - Answers -Common Level Ratio
Predetermined Ratio - Answers -A percentage of the appraised value set by the County
Commissioners that determines the assessed value.
Methods used for discovery - Answers -1. Deeds
2. Subdivision Plans
3. Aerial and Tax Maps
4. GIS
5. Building and Occupancy Permits
6. Field Reviews
Plotting a deed - Answers -Adjusting a tax map according to the new deed involves
reading the description on the deed, making calculations, measuring the existing map
and drawing new lines.
Field Review - Answers -The most widely used system to validate current information
and discover new physical characteristics.
Listing/Inventorying - Answers -You record the property components and description for
future reference
Value - Answers -The present worth of future benefits arising from the ownership of real
property
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