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Business ffotices. | CALL RECEIPT FORMS, printed on durante p*per, and bound in any style and number, at tye Times Office, Reefton. COMPANIES' PAY-SHEETS supplied on the shortest notice, and at reduced rates, at the T^ps Office. TUST RECEIVED a large fwrjnienfcof J Fancy Jobbing Type, at the Imss Printing Office, Broadway, Reefton. SCRIP FORMS, printed in firs>class atyle, in *ry color, /?t the Ti#es ; Office, Broadway, Peeffon. < TRANSFER FORMS, neatly printed, in foolscap form, to be obtained in, any number, at the Times Office, Reefton. X AND, TRANSFER ACT LANDS ALIENATED or contracted to be alienated from the Crown in fee prior to the coming info 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 bedea.lt 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 I/and Transfer Act:— L When the Title consists of a Grant, dated on or subsequent td the 28th December, 1841, none of the, land ineluded,in which has been dealt with— Where the Certificate of title is directed to issue in tne name of the Applicant: Value oi land £1.00 ..' ' ...£0 11 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 £lrio 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 is £100 ... ... £2 14 2 Where the value of the land £200 ... 3. 3 4 Where the value of the land is £300 ...' ... ... ... 312 6 Where the Value of the land is £400,' ... ... ... „". 41. 8 Where., the value of land is above £400, the fees increase at the rate of 4s Ed (Assurance Fund) for every additional £100 in value. These charges also represent the cost of Conveying Land. Inasmucn as applicants to bring land under the Act can direct the Certificates of Title to issue in the names, of any other persons. Credit fqr Fees is Given, When desired by the Ap}. Ikant in all cases where the proprietor applies to have the land registered under the Act in 1«b own nam*, and the fees may remain unpaid until hwd is dealt with. ' Any person, therefore, who wishes to f his land under the provisions of the Act, order that whenever he deals with it he be iv, a position to avail himself of facilitjes afforded by having a Registered Title, con 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, LeUse, 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 Fire Shillihgs ; for if the Title is reeeted all fees are returned, with tha exceptior J of that amount. """ ! certtfigates~~of title are Absolutely indefeasible. ALL TITLES ARE GUARANTEED BJ THE GOVERNMENT. 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 thsn Fifteen Shillings, frequently i ysry much *sore } : wldle 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 part is conveyed (and therefore a fresh Certificate of Title is necessitated), of Thirity-one 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 January, 187j&, the charge for Certificates of Titles 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 executing a mortgage or lease of land, registered Under the Act, is Twelve Shillings, no matter what the amount involved. A mortgage may be transferred or, discharged, or a lease transferred or surrendered for Five Shillings. THESE OPERATIONS INVOLVE, NO DELAY. The following are some of the ad inttges inferred by the Land Transfer system ;— 1. It secures the principal benefits and adI vantages sought to be attained in' a system of registration of deeds. 2,|lt renders retrospective investigation ol title unnecessary as to all land re< gistcrcd. 3, It simplifies tho Titles to Real Property for the future, k 4. It makes purchasers of the fee and j - , leass . 8 perfectly secure. 5. It simplifies, to the utmost possible extent, the forms of transfer and 'the modes of conveyance. i. 0. It increases the saleable value of land. o /. it tends to lower the rate ot interest on a t a•- ioa ? 8 secured on lands. »f ». It gives facilities for the sale of large estates in allotments. „ J. .transactions can be ellectod at a D moment's notice, and at a minimum jj* ol cost. •S *P' FrauUs hi the purchase and sale of land are effectually prevented, because the Jif* $ Cate * f Title in lhe P 088 e8"Oii ot $ ,V e ' n^ 0j " " hoWB the exuct condition ol the estate, i.e., if the estate be mbrtn gaged, encumbered, or leased. Memo- " vanUa disclosing tho particulars ol any •s each transactions aflecting the estate *1, are written U p C n the Certificate I

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https://paperspast.natlib.govt.nz/newspapers/IT18770326.2.15.2

Bibliographic details

Inangahua Times, Volume III, Issue 94, 26 March 1877, Page 4

Word Count
957

Page 4 Advertisements Column 2 Inangahua Times, Volume III, Issue 94, 26 March 1877, Page 4

Page 4 Advertisements Column 2 Inangahua Times, Volume III, Issue 94, 26 March 1877, Page 4

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