The exact place, it appears (4)
I believe the answer is:
nice
'the exact' is the definition.
(I've seen this in another clue)
'place it appears' is the wordplay.
'place' becomes 'nic' (I can't justify this - if you can you should believe this answer much more).
'it' becomes 'e' ('e' can mean 'electronic' which is similar to 'IT').
'appears' says to put letters next to each other (some letters appear after others).
'nic'+'e'='NICE'
Can you help me to learn more?
(Other definitions for nice that I've seen before include "French city - sounds plesant" , "French resort; pleasing" , "Pleasant - precise" , "Charming" , "French Mediterranean resort" .)