CA.lt BEdEIPT FORM 9, printed cm daraWfl paper, and bound in any »tyle and number, at tbe.Tpipia Office, Beefton. B - — ,.,, _,, ..,,«,,-,.,. COMPANIES' PAY,SHEEIB supplied i V (m the shortest notice, and at reduced rates, at the Timbb Office. , i; Xi. - ' ..'.'."'." ':. y . - . ', TtrST BECEIVED a large assortment of •J Fancy Jobbing Type, at the Tnwa Printing Office, Broadway, Beefton. SOBff fOBMS, printed ib firsfrolais style, in any cajor, «t the Times Office, Broadway, Beefton. TBANSFEE FOBMS, neatly printed, in foolscap form, to be obtained in any number, at the Times Office, Beefton. T AND TBANSFER ACT LANDS ALIENATED or contracted id be alienated from the Crown in fee prior to the coming into oneration 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 f the fee payable for bringing the land under the pro visions of the Land Transfer Act i— : 1. When the Title consists of a Grant, dated on or subsequent to the: 28th December, 1841, none of the land included in which has been dealt with— ajffbere the Certificate of title is directed to isflue in tbe name of the A iplioant: Value of land £100 '. ... ... ... mll 2 Where the Certificate of title is directed to issue 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 G-raritee, and the land has been dealt with ; or where the Applicant ;is not the original Gh-antee— ■ Where the value of the land is £100 £2 14 2 Where the value of tbe land < £200 ... ... ... ... 3 3 4 Where the value of the land is £300 3 12 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 4s2d (Assurance Fund) for every additional £100 in value. These charges, also represent the cost of Conveying Land. > Inasmuen as applicants to bring land tinder . the Act can direct the Certificates of Title to issue in the names of any other persons. Credit for Fees is Given, When desired by the Applicant in all cases where the proprietor applies to have the land registered under the Act in hi? own name, and the fees may remain unpaid until land is dealt with. ! Any person, therefore, who wishes to £ his land under the provisions of the Act, order that whenever he deals with it he be in a position to avail himself of facilities' afforded by having a Begistereh Title, can do so Without Any Present Cost, 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 notice. Any Title, however long and complex, may be investigated at a cost to the Applicant of only Five Shillings; for if the ITitjle is reeoted all fees are returned, with the exceptior of that amount. CERTIFICATES"!)! TITLE ARE ABSOLUTELY INDEFEASIBLE. ALL TITLES ABE~g"uABANT.EED BI THE GOVEBNMENT. On all Conveyances by Deed under the old system, the cost of registration in the Deeds Registry, over and above the Solicitor's charge, is never less than Fifteen Shillings 1 , frequently very much more; while land which has been bought under; the provisions of "The Land Transfer Act" can be transferred at a total cost of Eleven Shillings where a whole section is conveyed ; and where only partis conveyed (and therefore a fresh Certificate of Title is necessitated), of Thirity-oiie Shillings, which is the highest sum allowed by the Act, no matter what the yalue or area of the land. Under the Regulations in force on and after the Ist Jattliary, 187fc, the charge for Certificates of Titles issued upon Memoranda of Transfer i» reduced to Ten Shillings in all cases where the Value, of the fan A, is under Ten Pounds. ? i The total (lost of executing a nJortgage or lease of land, registered under jthe Act, is Twelve Shillings, no matter what 'the amount involved. * ....... ! A mortgage may be transferred or dis< charged, or a lease transferred pt sdjrtebdered for Five Shillings. '.■'■■■ .jTHESE OPEBATIONS INYOIJVE NO DELAY. J The following are some of the adTtntiges •onferred by the Land Transfer systp/n .— 1. It secures the principal benefits and advantages sought to b| .attained in a system of registra,tionciSfdee4B., 2.|lt renders retroßpeciive Inves^ga^m of title unnecessary as fo all" land re • gutered. I 8, It simplifies the Titles to Beal Property for the future. 4. It makes purchasers of the fee and I ' _» tt fes perfectly geoure. Jlrt'j} 0 the utmMfc po^m* 1 nSJt * fomß of transfer and the modes of conveyance. 6. It increases the saleable value of land. 7. It tends to lower the rate ot interest ? on leans secured on lands.' tuwnn m 8. It gives facilities for the sale of law*. estates in allotments. B * 9.l Transactions can be efleoted at moment's notice, and at * minimum of cost. 10. Frauds in the purchase and sale of land are eflectually prevented, because the Certificate oi Title in the possession ot the Vendor shows the exact condition of the estate, i.e., if the estate be mortgaged, encumbered, or leased. Memoranda disclosing the particulars ot any such transactions afiecting the estate are written upon the Certificate
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Bibliographic details
Inangahua Times, Volume III, Issue 91, 19 March 1877, Page 4
Word Count
938Page 4 Advertisements Column 2 Inangahua Times, Volume III, Issue 91, 19 March 1877, Page 4
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