Page 4 Advertisements Column 2

Inangahua Times, Volume III, Issue 97, 2 April 1877, Page 4

Business Notices-, „- i mfmmmmj— CikZL RECEIPT FORMS, printed on V durable paper, and bound in ™Z*W c amrnunlher, at the Tawa Offee, Beetton, nOMPANIES' PAY?HEETS supplied (J on tbe shortest notice, and at reduced rates, at tbe Trans Office. JtTST BECEIVED a large arsortmeflt of Fanev Jobbing Type, at the Tncss Printing 6aoe, Broadway, Beeftoa. SCBIP FORMS, printed in first«class style, in any color, ut tbe T^MEs Office, Broadway, Beefton. TRANSFER FORMS, neatly printed, in , foolscap form, to be obtained in any number, at the Times Offioe, Reefton. i ii ii ■ i - -i •" '~ ' "' TAND TRANSFER^ACT LANDS ALIENATED or contracted to be alienated from the Crowii in fee prior to the coming into ooeration of "The Land Transfer Act, 1870," may be brought under the provisions of the Act by application from tbe persons entitled thereto., All Lands alienated from tbe Crown after the coming into operation of " The Land Transfer let, 1870,'.' are subject to, and must be dealt witb, in manner prescribed by the Act. The following are examples * t the fee payable for bringing the land under the pro visions of tbe Land Transfer Act:— 1. When the Title consists of a Grant, dated on or subsequent to tbe 28th December, 1841, none of tbe land included in whicb has been dealt with— Where tbe Certificate of title is directed to isstte in tne name of the A .plicant i Value of land £100 ... ... M 11 2 Where the Certificate of title is directed to issue in the name of the Purchaser! Value of land £ioo/ •■■■■i.t' ... 110 0 These charges are increased 'by 4s 3d (Assurance Fund) for every additional £100 in value. 2. When tbe Applicant is the original Grantee, and the land haa 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 ... 3 12 6 Where the value of tbe land is £400 ... 4 1 8 Where the valne of land is above £400, the fees increase at the rate of 4s 2d (Assurance Fund) for every additional £100 in value. 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 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 tbe Act in his own name, and the fees may remain unpaid until laid is dealt with. Any person, tUereforej wbo wishes to £ hjs land under the provisions of tbe Act, order, that whenever he deals with it he be in a position to avail himself of facilities afforded by having a Registereu 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 witb his land at a moment* notice. Any Title, however long and complex, may he investigated at a cost to the Applicant of only Five Shillings ; for if tbe Title is reected all fees are returned, with the exceptior of that amount. ilfcltaCATßßM>F : TITI.E ARE ABOOLUTELY INDEFEASIBLE. ALL TITLES ARE GUARANTEED B* . x 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 letfs thai} Fifteen Shillings, frequently very much more j While land which has been bought under the provisions of " The Land Transfer Act" cain 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-one Shillings, wbich is 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, 187**, the charge for Certificates of Titles issued upon Memoranda of Transfer is redaced to Ten Shillings in all cases where the value of the land is under Ten Founds. The total cost of executing a mortgage or lease of land, registered under tbe Act, is Twelve Shillings, no matter what the amount involved. A mortgage may be transferred or discharged, or a lease transferred or surrendered ior Five Shillings. THESE OPERATIONS INVOLVE NO DELAY. The following are some of the ad wtiges I wnferred by the Land Transfer system :— j 1. It secures the principal benefits and ad« , 1 vantages • sought to be attained iir* I I system of registration of deeds.: 1 2.|lt renders retrospective investigation of ) title unnecessary as to all land reI I gistered, 8, It simplifies the Titles to Real Property for the future. 4. It makes purchasers of the fee and * leases perfectly secure. \ «3 h n B, i° tbe utmoßfc Powibie J extent, the iorm 8 of transfer and tbe 8 modes of conveyance. . 6. It increases the saleable value of land. , 7. It tends to lower the rate ol interest on I loans secured on lands f 8. It gives facilities for the Ba ] e D f lar«e estates in allotments. 8 9. Transactions can be ejected at a moment's notice, and at a minimum : . of cost. 10. Frauds in the purchase and sale of land 1 are efleetually prevented, because the Certificate ol Title in the possession ol the Vendo/ shows tbe exact condition of tbe estate, i.e., if tbe estate be aiorU gaged, fij-cumtjerocl, or leased. Memoranda ofsc-osing tbe. particulars ol any !sucli transactions af-ecting the estate j ire viYit-'.i. u^uu ii,. ( en if. cute I ' i