1. Real property or personal property that is exempt from property tax obligations due to its use or owner status
The church building is tax-exempt property because it is used for religious purposes.
O edifício da igreja é uma propriedade isenta de impostos porque é usado para fins religiosos.
2. Property owned by government agencies, charitable organizations, educational institutions, or religious entities that is not subject to taxation
Hospitals and universities often qualify as tax-exempt property.
Hospitais e universidades frequentemente se qualificam como propriedade isenta de impostos.