idbvermnerit Notice; ' rs ;' ;^ tap, t ran s f'e r a,c t . ■ .... .,- •/T^a*;-" •■# . ; LAND ; S ALIENATEIj .precontracted to be alienated , from , the Crown, in fee prior to the coming into operation of / " The, Land Transfer Act, 1870," mky'be 'b'rbugiit 'under the provisions ef the. Act by application from the persons entitled thereto. All Lands alienated from' the 1 Crown after the coming 'into operatibh''of ■' " The' Land Transfer ' Act,' 1870,5' are subject to, and must be dealt with, in manner; prescribed by the Act. ■ : (,-' ., f :• .., ; , . : t; ; : - ; ..... r/ , -. The follpwing are examples of r the fee, payable for bringing the larid under the provisions of the Land Transfer Act ':^ ; ' 1. When the : Title consists of a Grant, dated on or subsequent to the 28th December,' i&V r n<me !> of ; the flan'd included : in 1 ,which ; has-, beenidealt With— »■-■•>,,:,- •/ ;•; •■'• Where the Certificate of title is directed to issue in the name of the Applicant: Value of land £100 !,,;.;.. , ... .-„_.,: ;...; £0,1^^2 Where -.the .Certificate ;.s, title is -.. f_\ ' directed to issue iii'the name' of " the Pbrchaser": ; ' Value of land •'"'' " '<■■ :£100., ;: ; ..v ;,.,..•> ,;.;, ;.. h ,l 10,.,0 These charges are increased ... by, 45 .-, 2d (Assurance Fund) for every additional £100 in valvieV •[ ! " ; '■' ! ' l 2. When ' the Applicant ! irf' 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 ' ; '^£100^' ,»?'.' A J;[VM"/7.. ■'■!■» .^.!£2 14« 2 Where the value of the Jand is , > > -.-, £200 "..: ' .;;" >1 3 '3 4 Where the value of ,the. land is £300 ...•■■■"■]"■•""■•'.:. !;: ... 312 6 Where the value of .the land is , £4oq; ... ! I ;': >!V| ';...'" ... "4'i "8 Where the value bf 'land- is-- above'- £400, . the i fees increase f. at i.the rate ; of 4s, 2d (Assurance Fund). for, every additional £100 in Value; ; : '' ! '; '"- ' These ' charges also ' -represent the cost- of u-r. -ii; i-'-i :i Con veying. -Land, ..■,'•• . <. •• Inasmuch as applicants ; tp bring land, under the Act can direct tHe Certificates of Title to issue in the riames'of any other persons! ""'"" ' 'Credit fiir' 'Fees is GivenV '■'' When' desired by" the Applicant, in all cases where ' the!' p'rop'rieto f r f: applies l to; have the land t registered underj. < the !l Act ll in his own name, and the fees may remain, unpaid until land is dealt with. 1 -' ■> ■■ ;■■■ . Any person, therefore, who, wishes, to ' ' ' " his ' larid' under the' provisions' 1 bf '^hie • 'iiioTaer .that: whenever, he' deals with ; , he may be in, a position .to { avail himself. ,of the facilities afforded by having a Registered Titlej "can do So" Without ! Aily Present Cost; ■by allowing the.f ees to . remain .unpaid until such dealing takes place. , He will then be in a positibri to Mortgage; Transfer, Leased or otherwise deal with his land at ainoment's notice.';-: .;.-••; rl / ( ; .< ■■ ;\ . u '.\< ■: '! Any Title, j how.eveiTlpng 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. .-■T-s;-*/. :>»>>. i; { ) CERTIFICATES OF . TITLE ARE ABSOLUTELY INDEFEASIBLE. V; r Under the old system, of /Conveyancing, if a single deed is lost, the title is m many ; cases, rpndered absolntely^- defective,! ;and therefore unmarketable^ r/ while in others it can only be rectified at great cost. Persons jwhft bring ( their .land |Under the ,Act, -.surrender all .'their deeds, arid / receive' in' exchange a : Certificatb' of Title, a duplicate of which) is retained in, the' office. IftheCer-i tifa'cate in i the; possession of the (registered proprietor is at any time lost or destroyed s , by, fire,; &c.» a? new, Certificate >is supplied/ by the Registrar at a small cost. : ALL TITLES 1 ? Ar¥ ; GUARANTEED im v , ; ,,8Y i TI^^yERNMENT.; r/ , | On all Conveyances by? Deed ,under .thb old system,' the 'cost tof <'■ Registration in ;the -iDeeds Registry; ; over and: above. the ' Soli;■ citor?s < charge, vis meVer .less i i than iFifteen . Shillings; Ifrequehtly .very much more ;i iwhile land which ; haa been, brought under the provisions of '"T&d Land' Transfer Act" can be 1 transferred"^^' Total Gbst ! of. Eleven Shillings wher^a whtiießectiori'ißlcbnveyed ; and where. only part is ;cpriveyed (arid there- • ioW W ' fresh ' Certificate 'of Title' % Secerntated), of ThirtyrpneShillings, which isH&he highest sum alloweU' by^the Act, no matter what the .value pr^areajof the, land. Under the Regulations iri • force on and after the Ist January. 1872, the charge for '" Certificates bf'Title' issued upon; Memoranda ( ; of Transfer is ; Reduced' to;Ten'Shillirigs c !n 'all cases .where the value of the land is under " ;; Teii Pounds^ , ( ,'"','.l..; : "i' ; r^. ' ''/" ' ', ' \\ ' ' !,;,T he total cpst.'of .executing ; , pi. , Lease of land, ,'registe red under, ,' the. Act, .' , s" , Twelve ShillingSj ' no ,' what, the , amount involved.,' .','.. : ' sl ,;'•'.',.-, ' ( . ; ' t ;^' r ': ! ' .! ,vA Mortgage may' be ivtransf erred ;pr 'disi ■ charged,; or a lease transferred or surrendered -foil .Five Shillings. •/-•(■; ..,>{ .:.-.,) (Iv) 7... ■•■■: ,;i'.;-;i .^v- '•■ v. ;■ .-■■:',} . '■"><■■> . •.•••■) !<• ,- A: :■■■■■ ::! 'i,:f- ;;.i 'ia;.-, }i i; ■ :<. THESE OPERATIONS . i INVOLVE NO ■•■'';'■•■■ ■ ' : ; \;;';-;l>ELAYS/-'^ ' syloi-sj ! : tj. The following, are. some of .the advantages! v conferred by .the Land Transfer system i^j- \ -■■'■• 1. It secures the principal benefits 'and • !'•'■■ advantage's sought tp ! beattaih'ed'in^a' i . : • •• ; ■ : r ■, ! ; i system" of registration of 'deeds." r i i 1 ' '2.1t ■' Tenders ';retrbspective irivebtigatipns > ••■•■' of title 'iinnecessary^ as; to-all^ knds registered 1 ;"; ' n - ; .■'.'.■' >'- ; t )•■ ■>:■•. djtuq ' ' 3i'lt;Bimplifieß'the'Titles:to ; Real Property ".■•.;• !■-'.■• forthe^futfare. :•■• -■■^ ■^■.:'^ :%\y\ '■' 4u It makes purchasers olthe fee and -leases perfectly 'secure;'- ■■••'■• . : v ' ,■■' -itiO 5.,. ! It riiirfpliHes^to'^he utmost possible* ■•'■'■ -i !i extent, the forms of transfer and the modes of conveyance; \•' >• ■><.• ! | 6. ItincreaseS'theisaleableyalueof landl 7. It tends to lower the rate of interest on -■•'. loans secured- on lands. ,,^ i 8. It gives facilities fpr the sale of large estates in^allotments. 9. Transactions can be ; effected, at i a mbriieritf s notice; and ' at a minimum of ddsb. ] :! ";" ' '.: ' r ' ; J 10. Frauds in the purchase and sale pf^ land i ,'.".' are effectuallypreverited, b^ca'usethe , . : Certificate' of Title in "-the possession of the Vendor, shows the exact con- ; , . rditionof the|estate ) ;v-i.e., ifthe estate v ,be mbrtg^d, encumbered, or leased.? ' Memoranda diacloaingthe partibularß of any such transactions affectirig the .., ;• . " estate are ; written upon the Certificate •.■;■;.. .v..o£'Titie.: .■":;,;,, ',., i^,": "/■/■ ii Lands purchased from, the Crown since the comitigi 'into operation f of "The Land Transfer Act " cannot be dealt with under the old! system. : . ■ ; ;/ ■; ..;-. '.• ",,: i-.,:..:. ; ;^_ '.). 1 ' j ,-., ! ' 'W. aMOORHOUS^i ;; ! ; Regist'tar.General of Land;
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GRA18730805.2.13.1
Bibliographic details
Grey River Argus, Volume XIII, Issue 1560, 5 August 1873, Page 4
Word Count
1,030Page 4 Advertisements Column 1 Grey River Argus, Volume XIII, Issue 1560, 5 August 1873, Page 4
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.