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NEW PERSONAL PROPERTY EXEMPTION AGREEMENT Per P.A. 328 of 1998 MCL 211.9fNEW PERSONAL PROPERTY EXEMPTION LETTER OF AGREEMENT:This agreement between (company) and (governmental unit) is for the purpose
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The new personal property exemption is an exemption that allows individuals to exempt certain personal property from taxation.
Individuals who own personal property that qualifies for the exemption are required to file.
To fill out the new personal property exemption, individuals need to provide information about the qualifying personal property and submit the form to the appropriate tax authorities.
The purpose of the new personal property exemption is to provide relief for individuals from paying taxes on certain personal property.
Information such as the description of the qualifying personal property, its value, and any other required details must be reported on the new personal property exemption form.
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