unratable vs exempt

unratable and exempt both are adjectives.

Word	Noun	Adjective	Verb	Adverb
unratable	No	Yes	No	No
exempt	No	Yes	Yes	No

unratable (adjective)	exempt (adjective)
not subject to locally assessed property taxes	(of persons) freed from or not subject to an obligation or liability (as e.g. taxes) to which others or other things are subject
	(of goods or funds) not subject to taxation

unratable (verb)	exempt (verb)
	grant exemption or release to
	grant relief or an exemption from a rule or requirement to