Page 4 Advertisements Column 1

Grey River Argus, Volume XIII, Issue 1556, 31 July 1873, Page 4

Government Noticei ; { TT AND TRANSFER ACIT. 1 LANDS ALIENATED or contractedj to be alienated from. the Crown in fee prior to the coming into operation of "The Land : 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 fee, payable for bringing the land under the provisions of the Land- Transfer' Act :— j " 1. When the Title consistSy.of,- a^Qrarit,,, 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 1 is ' , directed to issue in the name of . , i „,; : ' the Applicant :• Value of land 1 ' ;n] £100 ... ... ... ... £0 11 ; 2> Where the Certificate of title is j directed to issue in the. name of j •• ; the Purchaser : Value of land ' : £100 ... ... ) ... ... .1 10 0 These charges are' increased by 4s 2d (Assurance Fund) for every additional ■ 'J ' £100 in value. ' 2. When the Applicant is the original '■■■:■'■■ • Grantee, and i the, land has been dealt with ; or where the Applicant is not i;.--. the original Grantee- I^ ' •' f ;• • : Where the value of the land is I £100 ... £2 114 2 Where the value of the land, is ! £200 ..; 3 34 Where the value of i the land is ■'■'. '. £300 ... ... 3 12: 6 . •.; Where the value of the land is £400 ... .. ..-' ... 4 1 8 i Where the value of land is .above £400. / . the fees increase at the rate of 4s 2d .-, (Assurance Fund) for every additional £100 in value. ! These charges also represent the cost iof ■•■ Conveying Landj ; , ■ j 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,. j . When desired by the Applicant; in all cases '"where the proprietor applies to have the land registered under the Act in his own name, arid the fees may, remain unpaid until; •'■' landisdealt'withi" 1 ' ' . ■ Any person, therefore, who wishes to, '...;., his land under, the provisions ; of the " '•"■' in order that n whehever he deals with he may be in a position to avail himself of ■''■ the facilities afforded % having a Registered , .Title, can do so, Without Any Present Cost,: „ by allawingthe fees to remain,, unpaid until "' ' such dealing takes place. He will then be in a position to ' Mortgage, Transfer, Le ase, or otherwise deal with his land at a moment's ," ! riotice. ; •■ ■.■■''■■■■.■•••.■-••• . ' > ; : ••■■ '- " : ' ' I Any Title, however long and 'complex, may be 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, Q.F .TJTLE ARE • ;. ABSOLUTELt" ! „ . .. Under the oW! 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, . surk .render all their deeds, >. and receive in ex- '■■.-.: change a Certificate 'of Title, a duplicate of which is retained in the office. ' If the Cer- - titicate in the possession of the registered « ''proprietor is at any time lost or destroyed ' by fire, &c., a,new Certificate is supplied by -' ! the Registrar at' a small' .cost. . ' . " - ■■'ALL TITLES' ARE GUARANTEED „.,„,. ,; BY THE GOVERNMENT, ;; ; ' : - ; On ail Conveyances! by iDeed; under the old system, the cost of Registration -in- the !• -Deeds Registry, 1 "bver'-and 1 above ttfe Soli-rj .:'ficitor's:icharge, t -is ••never leas' than Fifteen Shillings, frequently very iriueh more ; ' while :— -land-- which has been brought- under -the provisions. of^'fThe Land^Transfer Act" canbe 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. .is necessi- ' , .tated), of Thirty-one Shillings, which is the .',,' highest sum allowed' by ,the Act,; no matter ' r what the value or area of the land! „ . .' ..; „; Under, the Regulations in force on and 3; ', j after, the Ist January.; 1872, , the charge for Certificates of Title issued upon Memoranda of , Transfer is Reduced to Ten Shillings in ■all cases where the value. of -the land is under . Ten Pounds. '' ' The total 'cost of execui!in ! g"a Mortgage or Lease of land, registered under the Act,'is Twelve Shilling '"no matter what the amount involved. A Mortgage may be ' transferred or discharged, or a lease transferred or surrendered for Five Shillings.' : f , ''■,■,■■'".. ■ V THESE OPERATiONS INVOLVE 2SO ':'..; "■■■''; '. ' • .delays!- '■ ; ..-"■■'■■ ' ; i The following are some of the advantages conferred by the Land Transfer; system : — . 1. It secures the; .principal benefits and' ■i n .,. i' . advantages sought ;to ,be attained in a"' .',','; '■..'.'.' system.of registration of deeds. „ j .'.',; 2. It renders ' re'trflspeptive inveotigatioris k -'' r , ' , of, title' unnecessaryi as to. all lands /.;*.,'.;; '.registered.' •■;l;.^ i , ,'-,,:;;' '',:; i : 3. It simplifies the Jitles to Real Property '.."'.' fpr the future."-,. ;-,,,;., „ .! ■;..,_' 4. It makes purchasCTS of tfee fee and leasjes ;!,.!." , fperft-ctiy'sec'ure.i ; , V-'| .,.',' .' " ; i ' ' pi It; siniplities, to, the utmost possible '•'• ( extent, the forms of ; transfer, and the . , modes of conveyance,. ; , i .','.■ , 6. It increases the saleable value of land. . .7. It tends to loyer the rate, of interest bu loans Bi'cur.«d on lands. , .;....! ' ":, 8. It gives facilities: for ; the .sale of iarge estates in allotments. , , : : i 9. Traußactionß can ibe, effected at! a moment's notice, and at a minitnilm Of COSt. , '[' :'-'. "' ! rip. Frauds in the purchase and sale of land are effectually^reyented) because the Certificate, .of 'Title,' in. the . '. possession of ' the vihaoiy Bhows „the exact condition of : the'estate; i[e., if the. estate, be mortgaged, encumbt red, or leased. Memorahda ; dißc]()Bing the particulars of any such transactions affecting the - , '-■•:,:.: estate are written upon the Certificate of Title. -„.-. i ■ -..- „• j ' Lands purchased froto the ( "rown sinee l the coming into operation of " The Land -/; Transfer Act " baiinot; be 1 dealt with .under i/.i'thebld^systeni. : r: " l : ' : ' / ' \/ ; \ . W. S. MOORHOTJSE, Regißtrar-General of Land.-