Page 8 Advertisements Column 2

Cromwell Argus, Volume III, Issue 124, 26 March 1872, Page 8

Government Notice The following are some of the advantages conferred by the Land Transfer System : 1 It secures the principal benefits and advantages sought to be attained in a system of registration of deeds. 2. It renders retrospective investigations of title unnecessary as to all lands registered. 3. It simplifies the titles to Ileal Property for the future. 4. It makes purchasers of the fee and leases perfectly secure. 5. It simplifies to the utmost possible extent the forms of transfer and the modes of conveyance. 6. It increases the saleable value of land. 7. It tends to lower the rate of interest on loans secured on lands. 8. It gives facilities for the sale of large estates in allotments, 9. Transactions can be effected at a moment’s notice, and at a minimum of cost. 10. Frauds in the purchase and sale of land are effectually prevented, because the certificate of title in the possession of the vendor shows the exact condition of the estate, i e., if the estate be mortgaged, encumbered, or leased. Memoranda disclosing the particulars of any such transactions affecting the estate arc written upon the certificate of title. FEES CHARGEABLE UNDER THE LAND TRANSFER ACT. (Extract from New Zealand Gazette, No. G4, of 9th December, 1871.) For bringing Land under the provisions of the Act : £ s. d. When the title consists of a grant dated on or subsequent to the “28th December, 1841, and none of the land included therein has been dealt with 0 2 0 When the title is of any other description, and the value exceeds £3OO 1 0 0 When the title is of any other description, and the value exceeds £2OO, and does not exceed £3OO 0 15 0 When the title is of any other description, and the value exceeds £IOO, and does not exceed £2OO 0 10 0 When the title is of any other description, and the value does not exceed £IOO 0 5 0 Contributions to Assurance Fund upon first bringing land under this Act, and upon the registration of an estate of freehold in possession derived by settlement, will, or intestacy— In the pound sterling ... 0 0 J Other fees— For every application to bring land I under the Act .. ... ... 0 5 ftl For certificate of title where the same is issued in the name of any applicant grantee ... Nil For certificate of Title issued upon any memorandum of transfer where the consideration is under £lO and is not nominal 0 10 0 For every other certificate of title 1 0 0 Registering memorandum of transfer, mortgage, encumbrance or tease 0 10 0 j Registering transfer or discharge of mortgage or of encumbrance, or i the transferor surrender of a lease 0 5 0 Registering proprietor of any estate or interest derived by settlement or transmission 0 10 ft For every power of attorney ... () 10 0 For every registration abstract ... 1 0 0 For cancelling registration abstract ft 5 (I For every revocation order ft Ift ft Noting caveat .. .. ~ ft Ift ft Cancelling or withdrawal of caveat, and service of notice to caveator ' or cavcatce ft 5 ft j Issuing order for foreclosure ... I ft ft | For every search (I 2 ft i For every general search . ... ft 5 ft | For every map or plan deposited ... ft 5 ft I Far every instrument declaratory of trusts, and for every will or other | instrument deposited ft Ift 0 j For registering recovery by proceeding in law or equity, or re-entry j by lessee 0 lit I) ! For registering vesting of lease in mortgage, consequent on refusal of trustee in bankruptcy to accept the same ft 10 ft For entering notice of marriage or 1 _ death ft 10 0 For entering notice of writ or order j of Supreme Court 010 0 Taking acknowledgment of married women ft 5 ft i Taking declaration in case of lost grant or other instrument, or where production of duplicate is dispensed with () R) ft Taking affidavit or statutory declaratiou ... ‘ 0 5 ft For the exhibition or return of any deposited instrument, or for exhibiting or returning deeds surrendered by applicant proprietor ft 5 0 For certified copy, first five folios, per fo l io of seventy-two words ... ft 5 ft For every folio or part folio after first five ... .. . ... 0 0 8 For every instrument drawn on parchment ... , ... ft 2 ft When any instrument purports to deal with land included in more than one grant or certificate, for each registration memorial after the first ft 2 6 Lands purchased from the Crown since the coming into operation of the Land Transfer Act j cannot be dealt with under the old system. V'. 8. MOORHOUSE, i 135 Registrar-General of Land.