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-r 2 -^- Business Notices, OAIiL RECEIPT FOEMS, printed on durable paper, aud bound in apy style and .number, ftt the T**-es Off pc, peefton. ' /-nOMPANIIS' PAY-SHEETS supplied , \J on tbe shortest notice, and at reduced rates, at tbe T**JE£f Office. I■ " ; JUST KSQETP!P » *-«g- arsortment of v Fancy jobbing Type, at the Timfs Printing O#oe, Broadway, Reefton. j .'■■ ."' .-***: "" ~~ r 1 nORIP FORUMS, printed in first-class 0~ style,-in any colpr, Bt the Times Office, p Brpadway, Peefton. TRANSFER FORMS, neatly printed, in foolscap fornii to •be obtained in any number, at the Times Offipe, Reefton. LAND TRANSFER ACT ------ , BANDS ALIENATED or contracted to be aliopated from the Crown in fee prior to the cpming into oneration of "The Land Transfer Act, 1870," may be brought under [ the prpvisipns of the Act by application from - thp persons entitled thereto. All Lands alienated-from the Crpwn after I the coming into operation of "The Land : Transfer Act, 1870," are subject to, and must be dealt'with, in manner prescribed by the Act, Thp following are examples f the fee payable for bringing the land under the pro visions pf the Land Tr-anefcr Act:— 1. When the Title consists of a Grant, dated on pr subsequent tp the 28th December, 1841, none of the land included in which hps been dealt with-** Where the Certificate of title is directed to issue in the name of the A iplicant : Yulno of land -eioo ' ... ...mn 2. Where the Cprti^cate of title is directed to issue in the name of the Purchaser : Value of land £100 ... ... ' 1 10 0 These charges are inoreased by 4s 2d (Assurance Fi*nd) for every additional £100 in value. 2. When thp Applicant is the original Grantee, and the land has been dealt with* or where the Applicant is not fcho original (3-rantee — Where thp value of the land is £100 ' „ £2 14 2 Where thp value pf the land £200 ... ... ' ... ... 5 8 4 Where the value pf the laud is £300 3 12 6 Where th© value of the laiid 's j £400 „ ... 4 1 8 ! Where the' value of land is above £400, the ! fees increase at thp rate of 4s %L\ (Assurance Fund) for every addition £100, in value. These charges also represent the cost pf Conveying Land, Inasmucn as applicants to bring land under the Act can direct the Certificates of Title tP issue in fche names pf any p^her persons. Credit fpr Fees is Given, When desired by the Ap[ lieant in all cases ! whpi-e the propriefcor "applies to have the land i registered under- the: Act in his own name, I and the fses *nay reinaiu unpaid until land is dealt with. Any person, therefore, ***ho, wishes to, t *> his land under the provisions pf thp Act, J order that whenever he deals witli it ha be in a position to avail himself pf facilities afforded by having a Eegistere. Title, can do so Without Any Present Cost, by allpwing the fees to remaiii unpaid until suph dealing takes place. He will then be in a position to Mortgage, Transfer, Lease, or otherwise deal with his land afc a moment's notice. Any Title* however long and pomplpX). may be investigated at a cost to the Applicant of only Five Shillings j fpr if the Title is rpected all fees ar,e returned, with the exceptioi' of that amount, CERTIFICATES" OF TITLE ARE ABSOLUTELY INDEFEASIBLE. ALL TITLES ARE GUARANTEED BY TUE GOVERNMENT. On all Conveyances by Deed under the old system, the coo.t pf registration in the Deeds Registry, over and Jvbpve the Solicitor's charge, is never less thai* Fifteen Shillings, frequently rery much mpre •. while land which has been ( bought uudei' the provisipns of " The Land Transfer Act " pan be transferred at a total cost of Eleven Shillings where a whole se.tipn is conveyed ; and' where only part is conveyed (apd therefpre a, fresh Certiiieate of Title is necessitated),, of, Thu-ity-one Shillings, which is the highest sum allowed by the Act, no matter what the. value pr area pf the land. Under the Regulations in force on and alter thp Ist January, 187&, the charge for Certificates oi Titles' issued upou Memoran:la of Transfer is i-ed^ced fco Ten Shillings in all cases where the Value pf fche land is undpr Ten Pounds. The total cpsfc pf executing a mortgage or _ lease pf land, registered under the Ace, is Twelve Shilling-*, np matter what the amount involved. A mortgage may be transferred or discharged, or a lease transferred, pr surrendered for 1< iva Shillings. THESE OPERATIONS JNYOfcVE £0 -t PELAY. The fpllpwing ar© some pf the ad'antiges jonfprred by the Land. Transfer system ■— 1. It secures the principal benefits and advantages sought to. be attai.ned in a systeyi of registration of deeds. 2. u lfc renders retrospective investigation of - title ud necessary at* tp all land re* gistcrpd. 8, It simnlifies the Titles to Real Property for the future. 4. It makes purchasers of th,e fee and leases perfectly secure. 5. It simplifies, to, the utmpst ppssible extent, the ioxn.s pf transfer and the modes of conveyance, 6. 3,t increases tho saleable Value pf land. 1. It tends to lower lhe rate Q- interest on loans secured on lands. 8. It gives facilities for the sale pf large CBtates in allotments. 9. Transactipne can bo eflected q$ a moment's nptiee- and at a ininifla.ujn ! pf Cost. • ; 10. Frauds in the purchase and sale pi land ; are ell'octually prevenipd, because the ; Certificate ol 'X'ltifi in U.io posi-essioii oi I the Vendor shows the exact condition ■ oi t^ic estate, i.e., if the estatje be mort» gaged, encumbered, or leased. Memofauda disclosing the purticulurs ol any eucn transactions aht-cting the estate are written uppn ihp tcrtilicute 1 ' i

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https://paperspast.natlib.govt.nz/newspapers/IT18770914.2.10.2

Bibliographic details

Inangahua Times, Volume IV, Issue 6, 14 September 1877, Page 4

Word Count
955

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 6, 14 September 1877, Page 4

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 6, 14 September 1877, Page 4

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