Business rNdtices. / _ CALL RECEIPT FORM'S, printed on durable paper, aud bound in any style and number, at the Times Office, Recfton. , /COMPANIES' PAY-SHEETS pupplied s \j' . on tho shortest notice, and at reduced rates, at the Times Office. ■ ' b L '» ' TUST RECEIVED a largo, arsortmont of tl ' Fancy tfobbing Type, "at the Timps Printing Office, Broadway, Reefton. •iSCRIP FORMS, printed in first-class ■ style, in any color, ut the Times Office, Broadway, Pceflon. mRANSFER FORMS, neatly printed, in JL foolocap'for'm, to bo obtained in any number, at the Times Office, Recfton. T AND TRANSFER ACT LANDS ALIENATED or contracted to bo alienated from the Crown in fee prior to the coming into operation' of "Tho Land Transfer Act, 1870," may be brought under the provisions of tho Act by application from the persons entitled thereto. I All Lands alienated from Ihj Crown. after tho coming into operation p " The Land Transfer Act. 1870," are sybject to, and must be dealt with, in manner prcßmbod by tho Act. Tho following aro examples f tho feo payable for bringing the land under the pro visions of tho Land Transfer Act: — 1. When tho Titlo consists df a Grant, dated on oi 1 subsequent 1o th<s 2Slh Decent der, 1844, none of tlio land included in vvliich hag been dealt with — ■ Where the Certificate of title is directed to issue' in tfto name of the" Applicants' Value of land £100 ... ; ...'#) 11 2 jWhero the Cortificato of title is directed to issiio in tho name of ; tho Purchaser : Valuo of land ; £100 ... ... 1, 10 .0 |f hes'd ' charges aro increased by 4a /Jrl i (Assurance Fund) for every additional £100 in value. f ' ' 2. "When, tbo Applicant is the original Grantee, and tho -land hits been dealt with;, or whero tho Applicant is not tho original' Grantee— ; i ■Where the valuo of tho I land is £100 "... ' ..; ' .'..' ... £2 14 2 |Wher<3 the valuo of thq land • £200. "''*'... ... "■[... " ... 83 4 iWhore the valuo of the land is i £30Q "... ' ... "|... '' ..." 312 .6 Where tho value of the hind is 1 £400 1'...l '... ■'•'" ... ' i ...l ... 4 1 8 iWhero the value of land is s above £400, the i fees inbrease at the rate of 4s2d (Assur- ' anco Fund) for every' additional £100 in valuo. These charges also represent tho coat, of 1 '' Conveying Land. l Inasmucn as applicants' to bring land under tho Act cfto diredt the Certificates of Title to issue in thje nain£s of any other persons. ' : Credit for Fees is Given, : Wben desired by the lipi-licant in all cases 'where the proprietor applies to have the lane 7 'registered under the A)ct in his own name. and the fees' niay reniaiti unpaid until land is dealt with. ' | ' ! ' '"' ' !' Any person, therefore? who wisbeo to, j. ibis land under the provisions of tho Act? |ordef that whenever lib deals with it ho ibo in a position to avail himself of facilities ailbrded by> Having' a 'Registered Title, can do 80 \Vithc[ut Any Present Cost, ; by"allowing tho fees to remain unpaid until ; : such dealing talces plafcc. lie Will'thoh bo in "a position to Mortgage, Transfer, Lease, or otherwise deul with hfa land at a monient's notice. ' ' [' Auy Title, however lo ( ng.und cpmplox, may bo iiivestfgated at a cost to the Applicant of Jonly Five Shillings ; i'or if the Title' is re- ' eeted all fees arc returnpd, with tho osceptior ;, of that amount. ' ' i CERTIFICATES 6B 1 TITLE ARE AH3OLUTELY INDEFEASIBLE. ALL TITLES ARE GUARANTEED BY THE GOVERNMENT. , On all Conveyances fey Deed under the old system, the cobt of registration iv tho Deeds Registry, over and above the Solicitor's charge, is never less than Fifteon Shillings, frequently reryrtiuch rnoro; while land which has been l bought under the provisions of " Tho Land Transfer Act " can be ftransferred at a total cost of Eleven Shillings where a whole section is conveyed; and where\only part is convoyed '(arid therefore a frdsli Certificate of Titlo is iieces'sitated), of Thiritjkorie Shillings, which is tho higllesfc sum allpwcd by the Act, no lnattor wbttt tho value or area qf tho land. i Uiiiler.tho Regulations in force on and alter tho Ist January;, 187^ for Certificates ' of ''Titles issuieUj Upon Memoranda of Transfer is reduced id Ton' 'Shillings in all cuacs whero thd valuo '^of the laud is under Ton Pounds. ■: • ; ' . Tho total coot of executing a mortgage or le"ase'"df latid, *registej' ; dd u'ueter tho Act, is ♦Twelve Shillings, noinatter'what tho amount jinvolved. A hiortgago may bo transferred or discharged, 6% ti loaso transferred oi- sarvondoved ior Five Shillings. . THESE OPERATIOISS INVOLVE KO ; '" ' DELAY. ' The following aro soino of tho adrantiges gwiferred by the Land Transfer systfcji :— ■ 1. It secures tho principal benefits and ad- ; vantages sought* to bo attained 'in v Byßtem of registration of deeds. . 2._lt renders rctrospecti<ro investigation oi titlo unnecessary 1 as to all land re. gistered. ' ' "■ 3. It simplifies the Titles to Real Piopoitv for tho future, ■ • ■ .l . J 4. It make 3 purchasers of tho feo and leases pertoctly eec'ure. ' 5. It simplifies, to, -,tho. utmost possible extent, tho fojfys of transfer uncl the modes oi conveyance 1 . • ; 6. It increases the saleable value of land. 7- It tends to lowejftllo rato oi interest on loans secured dri lands. 8. It gives iucilitiee for the sale of We estates nvallowuents. 9. Transactions 'can' bo eflected at a ' moment's notice, aud at a minimm,, j? oi cost. i ■ • 10. Frauds in the purchose and Bale of land 1 aro dlcctiialiyi 'preyciited, beriuuee the Certificuto oi Titlo in thu possession oi Ih6 Vendoj 1 shoWs the exuet conditiou oi the eiitate, i.e., ii (lie estate bo moil* gaged, cncuiii bored, or lc'used. Memovui,tlii dißciosiiig t'he'pui'ticulars ol any Butti trdiituctions iitieciing tho estate ■ are vuillejj ujon ihu i wtiJicme
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Bibliographic details
Inangahua Times, Volume IV, Issue 55, 15 August 1877, Page 4
Word Count
959Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 55, 15 August 1877, Page 4
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