By Matthew A. Quick When filing a Deed of an Exempt Transaction (typically involving consideration of less than $100 pursuant to 35 ILCS 200/31-45 Paragraph (e)) certain forms are required to be filed along with it. In the City of Chicago, the Deed must be accompanied by a Statement by Grantor and Grantee, as well as a City of Chicago Property Transfer Tax Declaration. Outside of the City of Chicago, but within the County of Cook, the Deed must only be accompanied by a Statement by Grantor and Grantee, and comply with any local requirements (e.g. In Westchester there is a transfer stamp requirement, even on Exempt Transactions). A Cook County Transfer Declaration is not required in Exempt Transactions in the County of Cook. In addition, a PTAX Form is not required throughout the State of Illinois in Exempt Transactions.