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:— - Business Notices. CALL RECISIPT FORMS, printed on durable paper, aud bound in any "ty lo and number, at the Times Office, Recfton. 1. -.'•■• ■' ■■ ' . — riOMPANJES' PAX-SHEETS supplied I i/ on tho Bhortost notice, and at reduced j rates, at tho Times Office. J UST RECEIVED a largo arsortmont of ' Fancy Jobbing Typo, at tho Times I Printing Office, Broadway, Rcefton. SCRIP FORMS, printed in first u cinßS ' style, in any color, vt tho Times Office, Broadway, Hceffon. mRANSFER FORMS, neatly printed, in ,J. foolscap form, to bo ' obtained in any ; number, at the Times Ofliee, Reef ton, -TAND TRANSFER ACT ! LANDS ALIENATED or contracted to bb alienated from the Grown in fee prior to the coming into oneration of " The Land Transfer Act, 1870," may bo brbu'gh't under (ho provisions Of tho Act by application from the persons entitled thereto. ' ■•■■•■ AH Lands alienated from the Crown after the coming, iuto operation of " Tho Land Transfer Act, 1870," are subject to, and must bo dealt with, in mannor prescribed by the Act. - ' Tho following aro examples f the fee payable for bringing the ;land under the pro i L visions of the Land Transfer Act :~ „; $ iWMicn the Title consists' of a Grant, dated I ori or subsequent to the 28th December, 4 Mlfl'^l, none of the lane! included in* which ! has been dealt with— '■' .Sfhcre the' Certificate "of titlo iq 1 directed to iasuo in tno'name of 1 tho A iplicant : Taluo Jof land dSIOO ■"/...' ' ... ,f.O 11 2 V^l)ero f .tbe Certi&aate oft title is ! ; ' ' '.directed to issue in the bamo of. the PMrchaser : Valutf ,of lan^ £IQO ' ..'. ' '...' : ).. "..I 110 p These charges aro increased by 4s 2d "(Assurance Fund) for every additional £100 in value. ..|'- ' ' 2. When 'the 'Applicant is the original Grantee, and the land has been dealt with ; o> where the 1 Applicant is hot tho , original Grantee — ' ' ' hii - Where 'the value of tho land is £100 ... ... ' ...' ... £2 14 2 Where the value; of the' land' ' •' : ;-- 1 4200 ... ' ... " ... ' ... 8 8 4 Whore the value of tho :land is £300 ' ..'. "' ...' ' ... ' ... 312 6 Where, the value of tjie land is " '■ £400' " ... ..: ... ..." 4 18 Wh'oro the value ;of land is above £400,. the. •■' fees' increase "at' the rato^of4s2d (Assurance Fund) for every additional £100 in .. value. ' ••'■'■ These charges als,o represent the cost of • '"' •" Conveying Lanai Inasmuch as applicants to bring land under the Act can direct tho Certificates of Title to issue in the names of any other persons. ' Credit for Fees isJfHven, When desired by ' tho Ap|iicant in all casos where" the proprietor applies to have the lane 1 registered under the Act in his own uamoj and tho fees may remain unpaid until land is dealt with. Any person, therefore, whd #Jshe^ to j: his land under tho provisions of the Aot,^ , order that whenever lie deals with iPhe ''"■ ' be in a position to avail 'himself of facilities afforded by having a' Registered Titlei can do so Without Any Pije^ent.Cost, by allowing, the fees to remain unpaid" until •'siich •' dealing takes place.". He >vill.'thcn bo in a ; position to Mortgage^ Transfer, lieaso, >or olherwioe deal with his land at a moment's notice 1 . '. . ' ■ :*■■''•''' Any Title, however long and complex,. may; be in'ycßtigatcd at a cost to the Applicant of only 'Five Shillings; for if f , the,. -Title is rdected all fees are returned, with the exceptior of that amount. ' ' ■■■■■■■ OERTIFICATES :Of TITLE hrn ABSOLUTELY INDEFEASIBLE: ALL TITLES ARE GUARANTEED BY THE GOVERNMENT. , On all Conveyances by Deed under the old Bystehi, the cost of registration in the Deeds llegist)'y, over andabove the Solicitor's cliiu-go, sis novo'r less thanTii'teen Shiilihgs,' frequ'ontly". very niuch more"; whilo'laild^wlfich has becli' bouglit under the .provisions?«o'f "The Land iTransfor Act " can be transferred at a total cost of -"Eleven Shillings where a whole section is conveyed i and where only partis donvovpd (and therefore a fresh Certificate of Title is jjoießsitated), of Thirity-orievShillmgs/whibh 'is"tne 1 1 highest sum allowed bjltho ; Actj no matter iwhat the. value or area|pf the land; • '(Jiider'tho Regulations inip|co,Onftnd alter tho lsfiJantidry, 18721, "the charge ' for" Cci'tificafes'* of' Titlus- issued upon JM.emorancla of Transfer is reduced to Ten Shillings in all caoes where the value' of tho'ilon'd is under Ten Pounds;"' ' " '"' ' { , l ' ' .' " The total cost 1 of executing a mortgage or lease' oi' 'I'and, registered under' tho Aci, is Twelve Shillings,' no matter' what the amouut involved.''' '■ •" ' ■ ' '•"■■■•■•' ! " ''■■"'; A mbrtgage may bo trabiforred <X discharged', or v lease transferred or surrenderod loV l'"ivo Shillings. ■ ' *~~ I ' f ....... OPERATIONS INVOLVE N,o> ■ „■ ,r " ■ delly. ! ■■' V-- ; Jill kil j s \LL. :■ j . Tho fallowing are some of the adjutages by tho Land Transfer systeln r— ■ ■ LT'lt'eccures the principal beuelifs and ndvantages. Bought to bo i attained in a M By stemtof registration of deeds.' ' renders retrospective investigation oi' title" ud necessary a's 't^ all laud registered". ' ' ■ ■' '> S, Itsimplifies the Titles to' Real Property lor the future 1 , ' ' " 4. It malics purchasers of- tho fee and leases perfectly deeitre.' 5. It simplifies, 'to the utmost possible extent, the ipru.s of transfer und the niodes pi cpnvoyanoo. 1 f). It ilicmtses the suleablo yalu&ofland. 1., it teritlß to lower tho rate pi' interest on loans scoured on lands,' ■ 8. It gives 1 iucilitks ior the sale of large '"'cetutea in allotments. ' ' "• ■ > -j 9. Transactions c'uu be cflected at a mdment's notice, and al U" minimum of cost. ■ ■• • ■ ■ ■ ■ 10. Frauds in the purchase and sale 01 land ard ellectually prevented, because the Certificate oi Titlo 111 the- possession 01 th<j "Venclo/ shown the'cxnct condition ol the, estate, i.e., if. tWesute be xn'ortx gaged, oiicuui berotl, or leased. Mciuo-i-uiltlu di6cioßiflg the pui'tidultirß ol any Buoii tiunuiictJoßß tlicctiiig the estate me ■vsjiuoji upon Ujc i, orUJicßt-e

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https://paperspast.natlib.govt.nz/newspapers/IT18770919.2.14.2

Bibliographic details

Inangahua Times, Volume IV, Issue 70, 19 September 1877, Page 4

Word Count
944

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 70, 19 September 1877, Page 4

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 70, 19 September 1877, Page 4

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