Is an oath required on a tax exempt transfer? No. An oath is not required on a transfer tax exempt transfer. May 21, 2018 15:09 Related articles Is transfer tax due on an adjustment of property between divorcing parties pursuant to a domestic settlement decree, domestic decree, and/or deed? Are state and federal credit unions subject to recordation tax? Is transfer tax due on a release of a life estate? What does the Department of Revenue consider the fair market value (FMV) of a property being transferred?