Property Ownership
In Michigan, a 'land trust' provides property owners with:
AImmunity from all property taxes
BPrivacy by holding title in trust and keeping the beneficial owner's identity off public records✓ Correct
CGuaranteed appreciation in value
DExemption from environmental laws
Explanation
A Michigan land trust (Illinois-style land trust) holds title to property in the name of a trustee, keeping the beneficial owner's identity private. The beneficiary controls the property and receives all economic benefits.
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