Bmanftga Ncdacaak I C1AI& fORMS,? printed <* A durable paper, aud bound in v a«y rtjk and number, at the TIMBB Office, wkmO' AOMPANIKS* PAY-SHEETS supplied \J on the shortest notice, and at reduced rates, at the Times Office. TTTST RECEIVED a large arsortment of •J Fancy JobWng Type, at the Tnns Printing Office, Broadway, Reefton. SCRIP FORMS, printed in first-class style, in any color, «t the TIMBS Office, Broadway, Beefton. mRANSFER FORMS, neatly printed, in ± foolscap form! to be obtained io »ny number, at the TiMsa Office, Reefton. J AND TRANSFER ACT T.AXDS ABIENATEB o* contracted to be alienated from thfl Crown in fee prior to ?be coming into operation of "The Land Transfer Act, 1870," may be brought under the provisions of the Act by application from the persons entitle^ thereto. All Lands aliena&d from the Crown after the coming into Operation of " The Land Transfer Act, 187SV* are subject to, and mast be dealt with/ in manner prescribed by the Act. The following are examples 7 f the f«« payable for bringing the land under the pro visions of the Land Transfer Act: — 1, When tie 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— Where the Certificate of title is directed to issue ibi tfle name of the A iplicant : Value of land £100 ... 4 ... ... fJOII 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 jincreased by 4s 2d (Assurance Fundj 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 is £100 .« ... £2 U 2 Where the value of the land £200 ... V ... 3 3 4 Where the value of the land is £800 ... 312 6 Where the value of the land is £400 i 4 1 » Where the value of land is above £400, the fees increase at the rate of4s2d (Assuflß| ance Fund) for every additional £100 mW rake. I I Thess charges also represent the cost of Conveying Laud. Inasmuch as applicants to bring land under the Act can direct the Certificates of Title to issue in the names of any other persons. Ciedit for Fees is Given, When desired by the Applicant in all case» where the proprietor applies to have the land registered under the Act in his own name, and the fees may remain unpaid until la 3d is dealt with. Any person, therefore, who wishes to g ] 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 Registered Title, can do so Without Any Present Co»t, 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 j for if the Title is reeetedsll fees are returned, with the excepiior j of that amount. • oe:rtificates*"3f title are absolutely indefeasible. ALL TITLES ARE~GUARANTEMD Bt 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 than Fifteen Shillings* frequently | very much more j while land which has been bought under the' provisions of "The Land Transfer Act " can be transferred at a total cosil 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 ifl the highest sum allowed by the Act, no matter what the value or area of the land. Under the Regulations in force on and after the Ist January, ,187fc, the charge for Certificates of Titles issued upon Memoranda of Traas&r is winced to Ten Shillings in all cases whew fhe value of the land is under Ten f winds. The total cost of executing a mortgage or lease of land, registered under the Act, is Twelve Shillings, no matter wijiat the amount involved. * / A mortgage may be transferred or die* 1 charged, or a lease transferred or surrendered for Five ShUliflgs. / j THESE OPERATIONS INVOLVE NO DELA^. The following ate soou of the ad"Mitig«s t inferred by the Land Tr asfer system ;— 1. It secur,eß the principal benefits and ad* vantages sought to be attained in a system of registration of deeds. 2.|lt renders retrospective investigation of title unnecessary as to all land re> gistered. 8, It simplifies the Titles to Real Property for the future. , 4. It makes purchasers of the fee and leases perfectly secure. ; 5. It simplifies, t6 fhe utmost possible ' extent, the forws of transfer and the modes of couTeyance, 6. It increases the Saleable value of land. 1. It tends to lowe* the rate oiinterest on loans secured on lands. 8. It gives iaeilitie* f Ol . the sale of large estates in allotments. 9. Transactions can b« effected at a oTS D ° tlCe> aDd W * minimam 10. Frauds in the purchase and sale of land are efleotually prevented, because the the Vendor show¥ the exact condition of the estate, *.c., jtf the estate be mortgaged, encumberaß, ot leased. Memoranda disclosing the particulars ot any such transaction^ afiecting the estate ■ «re written upon the tertifioate
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Bibliographic details
Inangahua Times, Volume III, Issue 96, 30 March 1877, Page 4
Word Count
938Page 4 Advertisements Column 2 Inangahua Times, Volume III, Issue 96, 30 March 1877, Page 4
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