wiih .. ■■ Minimum—— «i ■wf— » .i.imv -— -' Business Notices. ~~j OALL RECEIPT FORMS, printed on durable paper, aud bound in any style und number, at tlie Times Oflice, Reefton.' CPMPANIES' PAY-SHEETS supplied on the shortest notico, arid at rcducod rates, at the Timed Offico. JUST RECEIVED a large avsortroont of Fancy Jobbing Type, at tho Timfs tainting, Office, Broadtfay, Eeefton. , '-.' - ;' SCRIP FORMS, printed in first-clqss style, in any color, ut tho Times Office, Broadway, Reef I on. TRANSFER FORMS, neatly printed, in foolscap form, to bo obtained in any number, at the Times Office, Reefton. T AND TRANS. FEE A'CT LANDS ALIENATED or cor, fcracted. io be alienated from the Crown in fee prior to the coming into onoration of " The Land Transfer Act, 1870," may be brought under (he provisions of tho Act by application from ■ the persons entitled thereto, All Lands alienated from the Crown after , the coming into operation of "The Land Transfer Aet, 1870,'* are subject to, J and must be dealt with, in manner prescribed by tho Act. 1 Tho following arc examples f the fee payable for bringing the land under tho pro visions of the Land Transfer Act: — I. When the Title consists of a Grant, dated on or subsequent fo the? 28th December, 184-1 j none of tho land included in which has been dcalt'with— ' Whero the Certificate of title is directed to issue in the namo of the A iplicaut: Value of land -£1,00 ... £0 11 2 Where the Certificate of tifle is directed to issue in tho namo of tho Purchaser : Value of land £100 ... 1 10 0 Tlicao charges arc increased by 4. 2d (Assuranco Fund) for eyery additional £100 in valuo. 2. When tho Applicant is tho original Grantee, and the land has been dealt with ; or where the Applicant iq not tho original Grantee — Where tho valuo of the land i3 £100 ... ... ' £2 14 2 Where tho valuo of tho land £200. ... ... 3 3 4 \Vhere tho value of the land is £300 ... ... ... ... 3 IS, 6 Where tho value of the lar^d is ' £400 ... ' ... '...'..._ 1. 8 Whore the value ot land is above £400, the fees increase at the rate of 4s 2d {Assnrance Fund) for every additional £100 in valuo. These charges also represent the cost of Conveying Land. Inasmucfi as applicants to bring land under the Act can direct Iho Ccrtifieatcs of Title fo issho in the names, of any other persons. Credit for Fees is Given, , When desired by the Applicant in (ill cases i whore tho proprietor applies to Jia7,e tj^o l^ii. I registered under tho Abb' in his' own name. I and fhe fees may remain unpaid until ' • land is dealt with. .< Any person, therefore who wishes to \. his land undor the provisions ot the Act, .order that 'whonevoiv'he deals" with ifc ho ibe in a position to" avail himVelf d| 'facilities aiforded b'y having n' ! Registorcc Title, can do so Without Any Present post, by allowing the fees to remain unpaid until sueh dealing talies place. Ife. will then bo in a position to Mortgage, Transfer, Lease, or othervyiso deal with his land at a moment's notico. ' ;' Any Title, however long and complex, may be investigated ata cost to the Applicant of only Five Shillings' ; for if fhe Title is reeded all fees arc returned, with the exceptior of that amount. 7 CERTIFICATED OF TITLE ARE A RpOLUTELY; INDEFE ASIR.Lfi. ALL TITLES AUE GUARANTEED BY TUE GOVERNMENT. '" On all Conveyances by Deed under the old system, the cost of registration in the Deeds Registry, over and abpv.o the Solicitor's charge, is never less than Fii'fecn Shillings, frequently' ' very much more -, while land which has been bought under tho provisions of " The Land Transfer Aet" can bo transferred afc a total cost of Eleven Shillings where a wholo section is conveyed ; and where only part is conveyed (and Certilicatb of Title is necessitated), of Thirity-one Shillings, which is the highest sum | allowed by the Act, no matter what tho yaltio or area of the land. Under the Regulation's in lorce on and after the lst January, 187,i„ 'the charge for Certificates of Titles issiied upon _vJemoran^a of Transfer is reduced 'to Ten Shillings in all cases where the valuo of the land 13 under Ten Pounds. '{' ' ' The' total cost of executing a mortgage or , leaso of land," registered under the Ace, is Twelve Shillings, ho matter wluuVthe amount i involved. ' A mortgage may be transferred or discharged, or a lease transferred or surrendered ; (or Five Shillings. THESE OPE^ATipjSS INVOLVE NO DELAY. ' ' ' • , j The following ore! somo of tho ad'antices pnterred by tbo Lai/d Transfer system r--1. It secures the principal benefits and advantages sought to be attained in a syßtem of registration of deeds. • 2. Jt renders retrospective investigation oi title unnecessary as to till land re-' gistcrcd. ; ' 3. It simplifies the Titles to Real Propertv loviholutuvo; " 4. It makes purchasers of tho fee and leases- perlcctly secure. o. It wmplilicß, to tho utmosfc possible extent, the, forms of trun_f._ and the modes of conveyance. G. It increases the saleable value of land. 7. 1 tends to lower the rate ol W teres on loans secured on hinds. 8. It g.ycs facilities | 01 . fa Bo)e of , cf;t-it.c3 iii allotments. ■ 9. 1 ranaacliona can bo effected at a moments notice, and at a minimum oi cost. , 10. Fraiklß in the purch.se and eale of land are cilcctually prevented, been use the Certificate of Title iii iho possesion oi tho Vendor shows the exact condition ol tho estate, i.e., if the estate be mort* gaged, encumbered, or leased. JVjemo••.v ua di*ciu6ujg the particulars ol any eucn triuisactioLS aliecting tho estate nro ■« rilteji upon iLc I crli/icaie
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/IT18770813.2.18.2
Bibliographic details
Inangahua Times, Volume IV, Issue 54, 13 August 1877, Page 4
Word Count
950Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 54, 13 August 1877, Page 4
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.