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

Properties used for public roads or easements are exempt from Guam property tax assessment because they serve a public purpose and provide essential infrastructure for the community. Exempting these types of properties from taxation allows for the maintenance and development of public facilities that benefit all residents, facilitating transportation and access.

In contrast, commercial properties and properties leased for business do not receive such exemptions because they are primarily used for profit and economic gain. Residential homes, while sometimes enjoying certain tax incentives or exemptions, are generally not exempt from property taxes altogether. The focus on public roads and easements highlights the principle that properties that serve the larger community may be exempt to ensure public welfare and infrastructure development.