Which type of property pays no real estate taxes due to charitable use?

• A. Fully exempt property
• B. Immune property
• C. Greenbelt property
• D. Homestead property

Answer: (A)

This question focuses on property tax exemptions tied to charitable use. Fully exempt property is land or buildings owned by charitable, religious, or nonprofit organizations and used exclusively for the organization’s exempt purposes. Because it serves a charitable function rather than private or commercial use, it does not incur real estate taxes.

Other terms describe different tax treatments: immune property refers to government-owned property that is immune from ad valorem taxes; greenbelt property uses a current-use valuation for land kept for agricultural or open-space purposes; homestead property provides tax relief for a owner-occupied primary residence, not for charitable use.