43. Exchange or partition
Where upon the exchange, partition or division of any immovable property, any consideration exceeding $250 in amount or value is paid or given, or agreed to be paid or given, for equality, the principal or only instrument whereby the exchange, partition or division is effected is to be charged with the same ad valorem duty as a conveyance on sale for the consideration, and with that duty only; and where in any such case there are several instruments for completing the title of either party, the principal instrument is to be determined by the parties, and the other instruments are to be respectively charged with such other duty as they may be liable to, but such duty shall not exceed the ad valorem duty payable in respect of the principal instrument.