Tax-Exempt Property

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Tax-Exempt Property

Real estate that is not subject to property tax. A tax-exempt property may be owned by a government or by a charity, especially a house of worship. See also: Waqf.
References in periodicals archive ?
It maintains four tax exempt properties and five taxable properties.
based provider of computer products and services for local government said Dauphin County selected Manatron's Sabre Appraisal Division to reassess the land, building and improvements for the 107,000 parcels of residential, commercial, industrial, public utility, farm and tax exempt properties in the county.