Which types of properties are exempt from property taxes in Michigan?

Certain types of properties in Michigan are exempt from property taxes, and the correct answer highlights specific exemptions that are recognized under state law. Non-profit organizations such as charities and religious institutions often qualify for property tax exemptions, as do properties owned by government entities, because these properties serve a public purpose. Additionally, certain agricultural lands may also receive exemptions due to their role in promoting agriculture and related environmental benefits.

This legal framework ensures that properties which provide benefits to the community or are used for public purposes do not contribute to the tax burden typically associated with other property types, thereby facilitating services that serve the greater good. This exemption is vital in supporting community service organizations and in recognizing the importance of agricultural land in sustaining local economies and food systems.

The other answer choices, encompassing all residential properties, only commercial properties, or indicating that no properties are exempt, do not align with the established law regarding property tax exemptions in Michigan, where specific categories of property are definitively exempted to encourage social welfare and agricultural preservation.