Which of the following properties are exempt from Guam property tax assessment?

Properties that are used exclusively for educational or religious purposes are indeed exempt from Guam property tax assessments. This exemption is grounded in the principle that such properties serve the public good by providing essential services like education and spiritual guidance. When property is utilized for these specific functions, it is recognized as contributing to the overall welfare of the community, thus justifying the tax exemption.

Other types of properties, such as residential, commercial, or vacant lots, do not typically qualify for this exemption under Guam's property tax laws. Residential properties, while they may have other forms of property tax relief or exemptions available to them, usually remain taxable. Commercial properties are taxed as they contribute to the local economy through business and employment. Similarly, vacant lots are generally seen as undeveloped real estate and thus are also subject to property tax assessments. This clear distinction helps maintain consistency in the application of tax laws, ensuring that the intent behind tax exemptions is upheld in a manner that supports community-oriented purposes.