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17 The Commonwealth of MassachusettsState Tax Form 96141Assessors Use only Date ReceivedRevised 7/2009Application No.KINGSTONParcel I'd. Name of City or Townsend FISCAL YEAR APPLICATION FOR STATUTORY
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An exemption clause is a provision in a contract that excuses one party from certain legal responsibilities or liabilities.
Any party entering into a contract where liability needs to be limited is required to file an exemption clause.
An exemption clause should be carefully drafted by legal professionals and included in the contract before it is signed.
The purpose of an exemption clause is to limit the liability of one party in case of certain events or breaches.
The exemption clause should clearly state which liabilities are exempted and under what conditions.
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