Page 8 Advertisements Column 1

Cromwell Argus, Volume III, Issue 127, 16 April 1872, Page 8

Government Notices NOTICE. ÜBSIDIES TO WORKS FOR THE SUPPLY OF WATER UPON THE GOLD-FIELDS. Companies or Persons desirous of making APPLICATION for SUBSIDIES under the " immigration and Public Works Act," will obtain the necessary information at the Warden's Office. —"(See New Zealand Gazette, Jan. 1872). (Signed) C. E. HAUGHTON, Under-Secretary for Public Works, Gold-fields Department. Ounedin, January 12, 1872. 28 LAND TRANSFER ACT. ' ANDS ALIENATED or Contracted to be Alienated from the Crown in fee, prior to the coming into the operation of " The Laud Transfer Act, 1870," may be brought under the provisions of the Act by application from the persons entitled thereto. All lands alienated from the Crown after the coming into operation of " The Land Transfer Act, 1870," are subject to, and must be dealt with in manner prescribed by the Act. The following are examples of the fees payable for bringing land under the provisions of the Land Transfer Act:— 1. When the Title consists of a Grant, dated on or subsequent to the 28th December, 1841, none of the land included in which has been dealt with— Where the certificate of title is directed to issue in the name of the applicant: value of land, £101) 0 11 2 Where the certificate of title is directed to issue in the name of the purchaser: value of laud, £IOO 1 11 2 These charges are increased by 4s 21 (Assurance Fund) for every additional £IOO in value. 2. When the Applicant is the original Grantee, and the lan I has been dealt with ; or where the Applicant is not the original Grantee— Where the value of the land is £IOO 2 14 2 Where the value of the land is £2OO 3 3 4 Where the value of the land is .OKI 3 12 G Where the value of the land is £4OO 4 I 8 Where the value of the land is above £4OO, the fees increase at the rate of 4s 2d (Assuranee Fund) for every additional £IOO in value. These Charges also represent the cost of Conveying Lnnl, inasmuch as applicants to bring land under the Act can direct the certificates of title to issue in the names of any other persons. Credit for Fees is given, when desired by the applicant, in all cases where the proprietor applies toha#e the land registered under the Act in his own name, and the fees may remain unpaid until the land is dealt with. Any person, therefore, who wishes to bring his land under the provisions of the Act, in order that whenever he deals with it, he may be in a position to avail himself of the facilities afforded by having a Registered Title, can do so without any present cost, by allowing the fees to remain unpaid until such dealing takes place. He will then be in a position to Mortgage, Transfer, Lease, or otherwise deal with his land at a moAny Title, however long and complex, may be investigated at a cost to the applicant of only Fire Shillings; for if the title is rejected, all fees are returned, with the exception of that Certificates of Title are Absolutely Indefeasible. Under the Old System of Conveyancing, if a single deed is lost, the title is in many cases rendered absolutely defective, and therefore unmarketable, while in others it can only bo rectilied at great cost. Persons who bring their land under the Act surrender all their deeds, and receive in exchange a certificate of title, a duplicate of which is retained in the office. If the certificate in the possession of the registered proprietor is at any time lost, or destroyed by lire, &c, a new certificate is supplied by the Registrar at a small cost. All Titles are guaranteed, by (he Government. On edl Conveyances by Deed, under the old system, the cost of Registration in the Deeds Registry, over and above the solicitor's CHARGE, is never less than fifteen shilling-;, frequently very much more ; while laud which has been brought under the provisions of the Land Transfer Act can be transferred at. a TOTAL COST OF ELEVEN SHILLINGS where a whole section is conveyed ; and where only part is conveyed, (and therefore a fresh certificate of title necessitated,) of THIRTY-ONE shillings, which is the highest sum allowed by the Act, no matter what the value or area of the land. Under the Regulations in force on and after the Ist of January, 1572, the charge for certificates of title issued upon Memoranda of Transfer is reduced TO TEN smLLivcs in all cases The total cost of executing a mortgage or lease of land registered under the Act is twelve shillings, no matter what the amount involved. A Mortgage may be transferred or discharged, or a Lease transferred or surrendered, for five These Operations invoice no Delays