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Government Notices * NOTICE. IXJBSIDIES TO WORKS FOR THE SUPPLY OP 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 Ollice.—(See New Zealand Gazette, Jan. 1872). (Signed) C. E. HAUGHTON, Under-Secretary for Public Works, Gold-fields Department. Ounedin, January 12, 1572. !*"

LAND TRANSFER ACT. a" ANDS ALIENATED or Contracted A-J to lie Alienated from the Crown in fee, prior to the coming into the operation of "The Land Transfer Act, 1870," may he 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, 1570," are subject to, and must be dealt with in manner prescribed by the Act. The following arc examples of the fees payable for bringing land under the provisions of the Laud Transfer Act: — 1. When the Title consists of a Grant, dated on or subsequent to the 28th December, IS4I, 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, £IOO ... 0 11 2 Where the certificate of title is direct ed to issue in the name of the purchaser : value of land, £IOO 1 11 2 These charges are increased by 4s ?A (Assurance Fund) for every additional £10!) in value. 2. When the Applicant is the original Grantee, and the land has been dealt, with ; or where the Applicant is not the original Grantee— Where the value of the land is\£loo 2 14 2 Where the value of the land is £2OO .'5 3 4 Whore the value of the land is £3OO 3 If Where the value of the land is £4OO 4 1 8 Where the value of the land is above £4OO, the fees incrensc at the rate of 4s 2d (Assurance Fund) for every additional £IOO in value. T'uise Charges also represent the cost of Coninasmuch as applicants to bring land under the Act can direct the certificates of title to issue in the names of any other persons. Cralit for Fees is given, when desired by the applicant, in all canes where the proprietor applies to have the land registered under the Act in his own name, and the fees m?,y remain unpaid until the land is dealt with. Any person, therefore, who wishes to bring his lan 1 under the provisions of the Act, in order that whenever ho deals with it, he may bo in a nosition to avail himself of (lie 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 bo in a position t> Mortgage, Transfer, Lease, or otherwise deal with his land at a moment's notice. Any Title, however long and complex, may.he investigated at a cost to the applicant of only Five Shillings ; for if the title is rejected, all fees are returned, with the exception of that amount. 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 be rectified 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 firo, &e., a new certificate is supplied by the Registrar at a small cost. All Titles are guaranteed by the Government, On all Conveyances by Deed under the old system, the cost of Registration in tho Deeds Registry, OVER and aisovu Tin; solicitor's CHARGE, is never less than fifteen SHILLING*!, frequently very much more ; while land which lias been brought under the provisions of tho Land Transfer Act can be transferred at a TOTAL COST OF ELEVEN SHILLINGS whore a whole sectim is conveyed ; and where only part is conveyed, (and therefore a fresh certificate of title necessitated,) of thirty-one shillings, which is the IHOURST SUM ALLOWED by tho Act, no matter what the value or area of the land. Under the Regulations in force on and after the Ist of January, 1872, the charge for certificates of title issued upon Memoranda of Transfer is REDUCED TO TKS SHILLINGS ill all cases WirKRK THE VALUE OF THE LAND IS UNDER TEN The total cost of executing a mortgage or lease of land registered under the Act is TWELVE 8 tiLLI vis, no matter what the .".mount involved. A Mortga; :■• may bo transferred or discharged, or a Lease transferred or surrendered, for five lUons involve no Ddiv/s.

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https://paperspast.natlib.govt.nz/newspapers/CROMARG18720423.2.30.1

Bibliographic details

Cromwell Argus, Volume III, Issue 128, 23 April 1872, Page 8

Word Count
816

Page 8 Advertisements Column 1 Cromwell Argus, Volume III, Issue 128, 23 April 1872, Page 8

Page 8 Advertisements Column 1 Cromwell Argus, Volume III, Issue 128, 23 April 1872, Page 8

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