You are required to pay stamp duty on documents where owners exchange or agree to exchange their properties. In this instance, two sets of stamp duty is payable.
These documents must be submitted for adjudication.
Besides stamp duty, you will need to pay the adjudication and valuation fees, even if you decide not to proceed with the intended transaction.
Stamp Duty rates and computation
Person liable to pay Stamp Duty
Stamp Duty payment modes
Where can I stamp my document
If you fail to stamp, stamp late or stamp insufficiently