r r\kL§ RECfi#l! FOBMS, printed or ■» \j durabU paper, aud bound in any ety« and number, at the Trass Office, Beefton. . irn •- - _ ■•■■-. \ /COMPANIES' fcAT-SHEtfTS supplied 9 » \J on the shortest notice, aad «t reduced rates, at the Tiagss Office. h f, TtJST BECEIVED a large araortment of fj Fancy Jobbing Type, at the Tuub Printing OflSce, Broadway, Beefton. bo * SCBIP FOBMS, printed in first-class style, in any color, ut the Times OOTpe, Broadway, !Pe«flon. nnBAIf.SFBR FORMS, neatly printed, in J. foolscap form, to be obtained ia any number, at the Twins Office, Reefton. j— IT ANP IIRANSffR A CT LANDS AIiTENATED or wptrafted- to be alienated, from the Crown »V fee jn-ior to the coming into ooeratidn oi f f,Tjbe tanid Transfer Act, 1870," may, be.brti^ift under the provisions of the Act by application from the persons entitled there/to. All Lands alienated from the Crown aftaj the coming iato operation of "The Lan 4 Transfer Ae.t. 1870," are subject to, and m^t. be deal^ with, iv manner prescribed, by the Act. The. following are examples f- the, fee payable for bringing the land under the pro visions of the Land Transfer Act :— I, When the Title, consists of a Grant, dated 011 or, subsequent to the 28th. December, 1(841, none of the land included in, which has been dealt with— Where tlis, Certificate of title is directed to issue in the name of . the A iplicant t Talue. qt land £100 ... ... " 0)11 2 Where the Certificate ojf title is directed to issue in. the name of the Purchaspr : Value of land £100, ... ... ... ... 110 0 Thgse charges are increased by 4s 2d (Assurance Fund) for every additional £100 in value. 2. When the Applicant, is the original Grantee, and th<? land has been dealt with ; or where the Applicant is npt tb.o original Grantee — , Where the value of the l&nd is, £100 ... ... 1... ... £2 U 2 Where the value of the lan,d £200, ... .„ ... ... 3 3 4 Where the value of the land is £300 ... ... ; ...**•■- V.r 3.12 6 Where the value of the. land is £400 4 1 8 Where the value of land is above ,£4OO, the fees increase at, the rate of 4s %1 (Assurance Fund) for every additional £100 ia value. These charges also represent the cost of ' Conveying Land. Inasmuch, as applicants to bring land, under the Act cap direct the Certificates of Title to issue in the names o,( any, other. persons. Credit for, "Feej is Given, When, desired by the Applicant in a|l cases, where the proprietor applies tq have the land, registered, under the AsK in his own nani^ and the fees may remain unpaid uutjl laid is dealt with. Any person, therefore, who wishes to. / his land ui^der the provisions of the Ag.t|. 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 Arty Present C^pst, 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 moment's, riotice. Any Title, ho,wever long and complex, njay be investigated at a cost to the Applicant of only Five Shillings -, for if the Tjltle is. rev ccted. all fe.es are returned, with the exceptior of that amount. CERTIFICATES OP TITLE AX& AB3OLUtELX INDEFEASIBLE, ALL TITLES AR|! GJTARANTBBD BX THE GU VEHEMENT;. On all Conyeyances by. Deed under the old system, the cost of registration in the Deeds. Registry, over and above tb,e Solicitor's charge, is never less tjjan Fifteen Sbillin^sj frequency . rery mu,ch mqre ; while land w^icib. has been bought under the provisions of '^The Land Transfer Act" can b^ transferred at a to>tal. cost of Eleven, Shillings wh?re, a vyhple se^t^ is conveyed ; and whexe only par, t is conveyed (and therefore a fresh Certificate qf Titl^ is. necessitated), of Th;rit^ -one, Shillings, wh,ich is the highest sum allowed, by tb,e Act, no matter what the value or area qf the land. tinder the, Regulations in fqree on and after tb,e Ist January, 187J&, the charge for Certificates of- Titles issued upon Memoranda of Transfer is reduced to Ten Shillings in all eases where. the vajue of the land is. under Ten founds. , The total cost qf executing a mortgage, or lease of la|id, registered under the Act, is Twelve Shillings, uo tnqtter what the amount involved. A mortgage may be, transferred or, discharged, or a lease transferred or sarrendered fqr Five Shillings. THESE O?ERATIDN* INTONE NO DELAY. The following are some, of the ad rantiges ID'nferred by the Land Transfer syst^JJ s— 1. It secures the principal benefits and advantages sought] to be attained in a system of registration of deeds, ?.|lt renders. retrospective investigation oi title xtuneceaoary as to all land re gistered^ ' % Xt simplifies tfye Titles.to Real Property fprthefotute, ' - %. It makes purchasers of the. fee and leases perfectly BflQure. &»,It simplifies, to the utmost, possi^e, extent, the forms of transfer and the modes of conveyance. 6, It increases the, saleable value qf land. i. It tends to lower the rate ol interest on loans secured on lands. 8. It gives facilities, fqr the sale, qf large estates jn allotments. {^Transactions cau be e fle#ed at a . raomeut s notice, and at a minimum 01 cost. ■ 10. irauas in the purchase and Ba l« o f land are pr^euted, because the Certilfcate ol Title, in ihe poHcMioii 01 the Mndor shows the exact coaditiou oi the estate, i.e., if the estate be mortu gaged, encumbered, or lensed. Memoruuda disclosing the particulurb oi any such transaction aiiectiiig the estate are written upon the lertifuate
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Bibliographic details
Inangahua Times, Volume III, Issue 83, 12 March 1877, Page 4
Word Count
947Page 4 Advertisements Column 2 Inangahua Times, Volume III, Issue 83, 12 March 1877, Page 4
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