Business Notices. CALL RECEIPT lOEMS, printed on durable paper, and bound in any style and number, at the Tnrea Office, Bedton. COMPANIES' PAY-SHEETS supplied I \j on the shortest notice, and at reduced rates, at the T#ies Office. ' TtJST RECEIVED » Jargo ftrsortmeiit of A IWy Jobbing Type, at the Tmn Printing Office, Broadway, Ecofton. SCRIP FORMS, printed in firet'class ttyht ia any color, iat the Times Office, ; Broadway, Beefton. mRANSKER FORMS, neatly printed, in' JL foolscap form, to be obtained in any number, at the Times Office, Rcefton. TAKD TRANSFER ACT LANDS ALIENATED or contracted to be alienated from the Crown in fee prior to tha coining into operation of -"The Land Transfer Act, 1870," may be bzought under the provisions of tho Act by application from the persons entitled thereto. All Lands alienated from the Crown afta the coming into operation of "Tho Lane Transfer let, 1870," are subject to, and must be dealt with, in manner prescribed bj .the let. The following aro examples f the fee payable for bringing the land under the pro visions of the Land Transfer Act: — 1, When the Title consists of a Grain t, dated on or subsequent to the 28th December, 1841, nono of tho land included in which has been dealt with— Where the Certificate o( title is. ! directed to issue in tho name of ' the A iplieant : Value of land £100 £0 11 2 Where the Certificate of title is directed to iasuo in the name of the Purchaser: Yalno ot land £100 1 10 0 Theae charges ar.e increased hj 4g 2d (Assurance Fund) for every additional £100 in value. 2. When the Applicant is the original Grantee, and tho land has been dealt with j or where the Applicant is not tho original Grantee — Where tbe value of the land is £100 ... £2 14 2 Where the valuo of the land £200 ... ... ... ' ... 3 3 4 Where the value of the land is £300 ... 3 12 6 Where the value of tho land is £400 418 Where the value pf land is above £400, the fees, increase at tho rate of 4e 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 Fee 9is Given, When desired by the Applicant in all cases where the proprietor applies to have the land '■ registered under the Act in his own name, and the fees may remain unpaid until ,laadia ; dealt with. Any person, therefore, who wishes to { bis land under the provisions of the Act, order that whenever be deals with it ho be in a position to. avail himself of facilities afforded by having a Registered Title, can dp 8/r Without Any Present Cost, ■ by allowing tho fees to remain unpaid until such dealing tafces place. He will then be in a position to Mortgage, Transfer, Lease, or otherwise deal with lya land at a moment's notice. Any Title, however long and complex, may bo investigated at a cost to the Applicant of only Five Shillings j for if tbe Title is re ectcd all fees ere returned, with the exceptior j of that amount, CEETIFICATES OF TITLE ARE ABSOLUTELY INDEFEASIBLE. ALL TITLES ARE GUARANTEED BS THE GOVERNMENT. On all Conveyances by Deed under tho old system, the cost of registration in the Deeds Registry, ovor and above tho Solicitor's charge, is never less than.Fifte.en Shillings, frequently very much more j while land which has been bought under the provisions of " Tho Land Transfer Act" can be transferred at a total cost of Eleven Shillings where a whole so^tion is conveyed j and where only part is conveyed (and therefore a fresh Certificate of Title is necessitated), of Thirifcy-one Shillings, which ia the highest sum allowed by the Act, no mattor what the yalue 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 reduced to Ten Shillings in all .cases where tho 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 KO \ DELAY. The following are some of the advantages lonferred by the Land Transfer systtoi .— 1. It secures the principal benefits and advantages sought to be attained in a system of registration of deeds. 2.^lt renders retrospective .investigation of title unnecessary a? to all Jand re< gisterod. 3, It simplifies the Titles to Real Property for tho future. 4. It makes purchasers of tho foo and leases perfectly secure. o. It simplifies, to the utmost possible extent, (he forms of transfer and the modes of conveyance. %' l! XT , the saleable ™ lue °"M(1. I* tends to lower the rate ol intent on loans secured on lands. i 8. It gives facilities for the saJo of We | estates in allotments g 9. Transactions can bo effected at a mom^tsnohce.uud.taminiJua' 10. Frauds in the purchase and sale of land Mo efiectually prevented, because tS Certificate ot Title in the'poSn 0 the \ endor shows the raaot of tbe estate, i.e., if the estate be mortgaged, encumbered, or leased. Memo rauda disclosing the particulars ot ani such traiißaetioiia ailecting tho estati are written upon the Certiik-ato
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Bibliographic details
Inangahua Times, Volume IV, Issue 26, 8 June 1877, Page 4
Word Count
929Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 26, 8 June 1877, Page 4
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