f"" "'"*"* *"""■ '"■■> •'• ' I CALL RI0«IPT TOBMS, printed on i durable paper, aud bound in any style | and number, at the Tons Office, Eeefton. /COMPANIES' PAT-SHEETS 'supplied \J on the shortest notice, tod at reduced rates, at the Tiioa Office. '■ \ • .' . JUST EECEITED a large arsortment of Fancy Jobbing Type, at the TimsS Piinting Office, Broadway, Eeefton. nCBIP FOEMS, printed in first-class Jo 8«yle, in any color, «t the TlMiio Office, Broadway, Peefton. mRANSFER FORMS, neatly printed, in X foolscap fornr, t& be obtained in any number, at the Times Osce, Beefton. T ANT TRANSFER ACT LANDS ALIENATED or contracted to be alienated from £he Crown in fee prior to the coming into omration of " The Land Transfer Act, lSW'm'fty be brought under the provisions of the Act by application from the persons entitled thereto. All Lands alienated from tho Crown after the coming into operation of " The Land Transfer Act. 1870," are subject to, and mnst be dealt with, in manner p?esmbed by the Act. Tho following are examples % f the fee payable for \ ringing the land under the pro visions of the Land Transfer Act t-*- - When the Title consists of a Grant, dated on or subsequent to the 28th December, 1841, nene of the land included in whioh haa been dealt with — ■ 1 vVhere the Certificate of title k directed to is3ue in tne name of the A iplicant : Value of land £100 £0 11 2 Where the Certificate of title U '■ directed to iasue in- the name of the Purchaser: Value of land £100 ... ... 1 10 0 These charges are increased by 4s 2d (Assurance Fund) for every additional £100 in value. 2. When the Applicant is the original Grantee, and the land has been dealt with ; or where the Applicant is not tho original Grantee — ' Where the value of the land in £100 £2 14 2 Where the value of the land £200 3 3 4 Where the raluc of the land is £300 ... ... ... -.. 312 6 Where- the value of the land is £400 4 18 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. • 4 • These charges also ' represent the cost of Conveying Land. Inasmuch as applicants to bring land under the Act can direct the Certificates of Title to isßue ia the names of any other persons. Credit for Fees is Given, When desired by the Applicant in all cases where tba proprietor applies to have tho lane 7 register*! under the Act in his own natof. fjjkl thav fees ;, may remain unpaid until la id is dealt with. . Any person, therefore, who wishes to { ' his land under the^rovision* of the Act, order that whenever he deals with it he ■•. be in a position to avail himself of 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. H.e will then be in a position to Mortgage, Transfer, Lease, or otherwise deal with his land at a moment's, notice. ■ * ■'• Any Title, however long and complex, may be investigated at a cost to the Applicant of only Five ; for if the Tjtfp >f ? e " - eeted all fees are returned, with the exception of that ajLCnmt. ■ ■
UEETIFICATES OP TJTEiK AKB> ABZOLUTKb? I^DEPEISIBLE;
all titles abe guaranteed by the government. On all Conveyance by Deed under the old system, the cost of registration iti the Deeds flegifltry, over and above the Solicitor's charge, , is never lew titan Fifteen Shillings, frequently ' ?ery much tnoro; while land which has been bought under Ihe provisions of "The Land Transfer Act" cpn be transferred at & total cost of Ele?eu Shillings where a whol^ ac jtion ie conveyed ; and where only partis conveyed (and therefore a fresh Certificate of Tide is necessitated); of Thirity-ons, Shillings, which is the highest sum allowed by the -Act, no matter what the yalue or area of th* land. Under the Regulations in force ona^dsfter the Ist January, 187i<> the charge for Certificates of Titles issued upon Memoranda of ' Transfer ia reduced to Ten Shillings in all cases where the value of the laud is under Ten Pounds. The total cost of executing a mortgage or lease of krad, registered unUur the Auv, ia Twelve Shillings, naniatter.'Avhat the amount involved. • » .. - A moftgage may be transferred or discharged, or a lease transferred or surrendered lor l"ive Shillings. t -
THESE OPBBATIONS INVOLVE NO BELAY. ' * '
The following are some of the ad^ntiges inferred by the Land Trantfer Byste^.*— 1. It secures the principal benefits and advantages sought to be attained in a sysUnu of registration of deeds. 2. It reuders retrospective investigation of title unnecessary as to all land re gistered. 8, It simplifies the Titles to Real Property fef the future, 4. It wakes purchasers . of the fee and leases perfectly secure. 6. It bir/iplifies, to the utmost possible ; extent, the forms of transfer and the luodes of eoDveyance. 6. It increases the saleable falue of land. 7. It tends to lower the rate ol interest on loans secured on lands. 8. It gives lacilities lor the sale of large estates in allotments. 9. Transactions, cuu be etteoted at a moment's notice, and at a minimum oi cost. 10. Frauds in the purchase and sale of land are ebectually .prevented, because the Ce rtiticato ■>! Title in ihe possession o? tho Vendo/ show* the exuut condition 01 the estate, i.e., ii the eat jto be mort» gaged, encumbered, or leaned. M«toc- ' ruwda cliaclosiijg tu^ paxtiuulars oi aii\ j such tmiißatUona uiiecting tiie ebtaiv | srtt wtutmj up&n^tbe, Ctrtiiitttve
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Bibliographic details
Inangahua Times, Volume III, Issue 63, 12 January 1877, Page 4
Word Count
937Page 4 Advertisements Column 2 Inangahua Times, Volume III, Issue 63, 12 January 1877, Page 4
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