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r Business Notices. CALL RECEIPT FORMS, printed on durable paper, aud bound in any stylo and number, at tHe Times Office, Eeefton. /COMPANIES' PAT-SHEETS supplied \J pn tho shortest notice,, and at reduced rates, nt tho Tijjies Offip©. JUST RECEIVED a largo arsortment of Fancy Jobbing Type, at the Timfs Printing Office, Broadway, Eeefton. j — - — r —— rr — _ .. SCEIP FORMS, printed in first-class ' style, in any colpr, ut the Times Office, Brpadqray, JReofton. mRANSFER FORMS, neatly printed, in X fpplscap form, to be obtained in any number, at the Timei Office, Reefton. T AHD TRANyFERACT LANDS ALIENATED pr cprjtracted to be alienated from the Crown in fee prior to tho coming into operation of " Tlie Land Transfer Act, 18701" may bo 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 bo dealt with, in manner prescribed by the Act. The following are examples f tho fee payable for bringing the land under the pro visions of tho Land Transfer Act: — 1. When the Title consists of a Grant, dated on or subsequent to tho 28th December, 1841, none of tho land included in which has been dealt with— Where tho Odrtificato of title is directed to issue in tno name of the A iplicant : Value of land £100 ... ... ... ... .fO 1} 2 Whore the Certificate of title is directed to issue in the name of j the Purchaser : V a l ue °f hmd £100 ... 1 10 0 These charges are increased by 4s 2d (Assurance Fund) for, every additional £100 in value. 2. When tbp Applicant is the original Grantee, and the land ha« been dealt with ; or whore the Applicant is not tho original Grantee — Where the value of the land is £100 ... • £2 14 2 Whore the value of tho land £200 ... ... 3 3 4 Where the value pf the land iq £300 ... 8 12 6 Nheco the value pf the land is £400 ... ... ' ...... 4 1 8 Nhete the value of land is ajbovo £400, the fees increase at the rate of 4s 2d (Assurance Fund) ,fpr every additional £100 ;n Value. lioso charges also represent the cost pf Conveying Land. nasmuch as applicants to bring land undei: lie Apt can direct the Certificates of Title to isue hi the na,mes pf any other pereous. Credit for Fees is 0-iveri, 7hon, desired 'by the.' Applicant in a\\ cases ■hero the proprietor "applies to have tho land jgjstored under the Act in his, own name, ad the fees may remain unpaid unjjil ' md is dealt with. Any person, thorefpre, who wishes to j is land under tho provisions of tho Act, rder that whenever he deals with ifc he 0 in a position tp avail hims.elr p/ icilities afforded by haying' a Registered 'itle, can' dp so "Without Any Present Cost, y allowing the fees to remaiti unpaid until nch dealing tafces place. Me will then, bo 1 a position to Mortgage, Transfer, Lease, r otherwise deal with his land at a moment's otice. " " Any Title/however Jpng and complex, may o investigated at a cost to the Applicant of nly Five Shillings; for if tho Title is reicted all fees are returned, with th,o exceptior if that amount. ' ' ' JERTIFICATEsIoi 1 TITLE AX& ABSOLUTELY INDE£EASI?Ifo ILL TITLES AREI aUARANTEED BY THE GOVERNMENT. On all Conveyances by Deed under the old ystem, the cost of registration in the Deeds tegistry, over and above the Solicitor's charge, 3 never less than Fifteen Shillings^ frequently cry much more j while land which ha> been (ought under the provisions pf "The Land transfer Act"' can' be ■transferred at a total ost of Eleven Shillings where a whole section s conveyed ; and where only partis convoyed and therefore a frpsii Certificate, of Title is ecessitatod), of Thirity-one 'Shillings, which 5 the highest sum allowed by tho Acfc, no latter what thp yalue or area pf the land". Under tho Regulations in force on and after lie Ist January,' lß7^ the. charge, for Oortifiutes of Titles issued upon Memoranda of i-ansfer ia reduced to Ten Shillings in all aues where the value of the land is under !en Pounds. The total cost of executing a mortgage or ;aso of land, registered under the Act, is 'welve Shillings, no matter what the amount lvolved. ' ■ A mortgage may be transferred or dioharged, or a lease transferred or surrendered )rlivebhilhiigß. • ■•••■■■• . THESE OPERATIONS INVOLVE NO DELAYi Tho following are spmo pf tho ad-antices inferred by the Land Transfer system :- ' 1. It secures the principal benefits and advantages sought to bo attained in a system of registration pf deeds. 2.^lt renders retrospective investigation ol title unnecessary as to all laud rogistered, ' " ' 3. It simplifies the Titles to Real Propcrtv lor the future, • 4. It makes purchasers of the fee aud leases perfectly securo. ' ' 5. It simplifies, to the utmost possible extent, the forms of transfer and the Uiodos of conveyance. 6. It hicreascs the saleable value pf laud. 1. it tends to lower tho rate oi interest on loans secured on lands. 8. It gives facilities for tho sale of large estates in allotments. g 9. Inductions ' can bo eflected at a E B ? t8 ri0 ' iee ' "" d '^ 10. Frauds in the purchase und sale pf land are efleetualJy prevented, because the Urtificute oi 'liUo in iho powoßsiou oi tne Vendo/ ehowa the exact condition Ol tho estate, i.e., if tho estate be ui'ort* gaged, encum bered , or leased. 'Memoranda dieciosiLg tlio particulars ot any such traußUctiuuß uiJecting tho estate we yirittcn iiiou Uie lertiiicate

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https://paperspast.natlib.govt.nz/newspapers/IT18770704.2.18.2

Bibliographic details

Inangahua Times, Volume IV, Issue 37, 4 July 1877, Page 4

Word Count
940

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 37, 4 July 1877, Page 4

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 37, 4 July 1877, Page 4

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