Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image

z—. Business Notices'. j CALL RECEIPT^FORMS, on durable pnppr,nnd bound in-' nny atyle and number, at tlio .Times Office, Rcofton. /"lOMFANIKS 1 PAY-SHEETS supplied 1 V on tho shortest notice, nnd at reduced rates, at tho Timbs /Office. ■I • , JUST RECEIV.pI) a largo arsorlmcnt of Fancy Jobbing Type, at tlio Tmiss' Tiinting 6&cc, Broadway, Rccfton. CJORIP FORMS, printed in - first -class otyle, in any color, v% tho TjMEg Office, Broadway, P-ccfton. mRANSFER FORMS, noatly printed, in X foolscap form, to be obtained in any number, at tho Times Office, Roefton. ; T AND TRANSFER ACT ; MDS ALIENATE!^ or contracted to .ho alienated from the Crpwu in fee prior to tlio coming into oneratidn of " Tlie Land Act, 1870," may; bo b?onght under the provisions of the AGt by application from the pbrso'n3 entitled thereto. , All Lands alienated from tho Crown after tho coming into ' operation of "Tho Land Transfer Act, _187f3," are .subject to, mid must be dealt with, in manner prescribed by the Act. The following arc examples f the fee payuble for bringing the lpjd under tho pro yisioiiß of tho Land Traiisi'qV Act s — ' 1. When the Title consistsfof a Grant, dated on or subsequent to the 28th December, '1841, none of the land included in which has been dealt with — f SVhero the Certificate of title* is '■ directed to issue in tlio name of . tho A iplicant : Value of land £100 fO 11 2 Where the Certificate of title is ' directed to issue in t.ie name of the, Purchaser: Value of land £iOO ... ... ■ ■ 1 10 0 'i'heso charges are increased by 4a 2d : (Assurance Fuud) for every additional ; £1(10 in value. • ' ',' 2J When the Applicant" is the original 1 Ch-anteo, and tho lafid has been dealt > with; or whero the, Applicant is not tho i original Grantee — -| -•■ Where the vuluo of the? l^ndj is i£loo .| £2 14 2 Wjhero tho value of tho land ' . '£200 ... ... J 38 4 Wjherc tho value of the land is &300 ... ... 3 12 6 tho value of tho land is POO, « 4 18 Wjhero the value of land is above £400, the fees increase at the rate of 4s 2d (Afauriinco Fund), for eve*>y additional £100 in talue. . THego charges nlßd* vepi'cscnt the cost of : j Couvcyiri^ Land. ; ■■■ I . f Inasmuch ne applieantsj to bring land under tho Act can direct the'jpcrtificatos of Title to issue iv the names of auy other persons. j Credit for Fees is Given, When desired by the \ Applicant in till cases whiro the proprietor applies to have the land registered under the Act in his own nama, and the. fees may -remain unpaid until land is dealt with. Any person, therefore, who wishes to • f hisjland under the provisions of tho Act, order thut whenever lie deals' witli it he bo 'in a position to avail himself of facilities ailbrded by having a Registered .Title, can do so Without Airy Present Cost, by Allowing tho fees' to remain Unpaid until such •.dealing takes place. Ho will 'then bo •in a- position to Mortgage, Transfer, Lease, or o'thenvigo deal with his land at a moment's notico. Any Title, however long and complex, may be investigated at a cost to tho Applicant of .onljf Five Shillings; for if the Title -is re» coUkl «11 fees arc returned, with, tho exceptior of that amount. OEETIFIOATES fOF TITLIiI ARE AiWOLUTELY IWDEFEASIJEt/JS. 'all titles are guar-a-nteed b^; i the government. • Oh nil Conveyancca by. Deed under the old syetijm, the cost of registration in the ])eeds Registry, over and above the Solicitor's charge, is najvor less tliun Fifteen yhillings, frequently tcryj much more; whilo laikl which lias been bought under the provisions of "Tho Lund Traidsfor Aiit" can lie ti'unsforrcd at v total cosfc pf Elovon Shillings where a whole section is conveyed j and wKfer'6t>hly partis conveyed (andj therefore, a fresh,. Certificate of Title is necessitated), of Th.mty-one Shillings, .which i 8 tile highest sum] allowed by the. Act, no uialtler-whut the yalue'br'arca of the liinif. ' Uiidcr the Regulations in force on and after tho 1st _ January, lS|i-, tho charge for CertiJicatcsi of'Titlus issued upon Memoraiii'.a of Transfer is reduced. to Ten' Shillings in all cases; where the value of the land is under Ten Pounds. Tljo total cost of executing a mortgage or loasuj of land, registered nii'dcr filic Auc, is Twclvo Shilliugs, no matter what the iiniount. involved. A mortgage may be transferred or discharged, 01 1 a lease trausfcivcd or tmrrcmlcml ioi - 1 1 ivc tihillingo. ' . THESE OPERATIONS INVOLVE KO I KELAY. The following are some of tho ad-atitigoa oniiirrcd by the Land Transfer syste-.fl :- 1. It secures the principal bciu-lits uncl i\;\---j vantiiges eoitght to bo altuiueil iv a- ! system of rogiat ration of Ucccls. 2-|lt rentiers retrospective investigation ol . title uiiMece^sury as to all land re I gistcred. ■ 8, It simplifies the Titles to Real Piupcity lol 1 tlic iutuvoi 4. jit makes purchasers of the fee and ■ leases perfectly uueurc. 5. ilt Biinplilies, to the utmost possiliivj ! extent, (lie ibrn.u oi trunsicr uucl the Diodes ol ' eoHV.eynncc. 0. It hicraisi'B Iho saloablo value of hind, 7. it tends to lower the rate 01 interest on loans secured 011 lands. 8. It gives iiicilities ior the sale of large estates in allotments. 1). Transactions can be ellcctcd at » moment's notice, and, at v minimum oi cost. 10. Frauds in the purchase and sale of Innd iiro ell uvtuully .prevented, because feho terliliculo ol Title in (ho possession ol 5r Iho \ tudor trJiow^ tlio oxuet condition u t ' ol the eutute, i.e., il tin; ftfUtc be niori> >ll ■ gugcdi ciiciiuibtTed, or leased.. Alcmoj« laiiUu diaciosiiig the pukiculure ol uny •y : ' sueli truutticiioiio uiiucting tlie estate ut ' we wiittcu .ii^'cit the i.frtiJicatc tv

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/IT18771105.2.16.2

Bibliographic details

Inangahua Times, Volume IV, Issue 91, 5 November 1877, Page 4

Word Count
956

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 91, 5 November 1877, Page 4

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 91, 5 November 1877, Page 4

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert