Business/Notices. CIALL ' RECEIPT EORM9, printed or / dqfablo paper, ntxd bound in any styli and number, at the Times Office, Rebfton. •(HOMPANIES'. PAY-SHEETS suppliei 1 KJ *on the sbortest notice, and at reducoi •rotes, at the Tinti-S Office.. ' , . ■' ' ' ■ " " ■■ ' i JUST BECEIVED a large arsortment fl Eancy Jobbing Type, at tho Time Printing Office, Broadway, Reefton. . , — — : _ f _. SCRIP FORMS, printed in firrit-elns style, in any color, -et tho TIMBS Office , Broadway, Peeftpn, . ffIRANSFER FORMS, neatly printed, ii X foolscap form, to be obtained in an; number, at tho Times Office, Reefton. T'ANJ T-BANS.-ffEB A 0 r . 3 Tj&s®B ALIENATED or contracted t« be alienated from tho Crown in fee prior fo • theCcoming into oneration of " The Lani r 'Transfer Act, 1870," may be brought uncle f tho provisions of the Act by application fron j the persons entitled thereto. [• All Lands alienated from the Crown afte j the coming into operation of "The Lani Transfer Act, 1870," nre subject to, am 1 must be dealt with, in manner prescribed fr 1 the Act, 1 Tho following are examples f the fe( payable for bringing tho land under the pre visions of the Land Transfer Act : — 1. When the Title consists of a Grant, datec on or subsequent to the 28th December 1841, none of the land included in whicl has heen dealt with— Whore the Certificate of titlo is directed to issue in tlie name of tho A iplicant : Valuo of land £100 s JP.O 11 2 Where the Certificate of title is directed to issuo in the name of tho Purchaser : Valuo of land £100 ... 1 10 0 Th6go charges are increased by 4s 2d ; ■ (Assurance Fund) for every additional £100 in value. 2, Whpn the Applicant is the original Grantee, and the land has been dealt ; with ;or where the Applicant'is not tho original Grantee — Whore the value of tho land is £100 £3 14 2 Where the value of the land £200 ... ' .... 3 8 4 Where the valuo of the land is £300 ... ... 812 6 Where tho value of the land is £400 4 18 Whero the valne of land is abovo £400, tho fees increase at tho rate of 4s 2d (Assurance Fund) for every additional £100 in value. Thiso charges also represent the cost of 1 Conveying Land. Inasmucfi as applicants to bring land under the Act can direct tho Certificates of Title to issue in the names qf.'ony other persons. ' -fo Credit for Fees is Given,' Whon desired by the Applicant in all cases where the proprietor applies to have the land registered under tho Act in his ,own naroej i and the fees may remain unpaid until land is dealt with. ! Any person, therefore, who wishes to . [ his land under the provisions of the Act, orcler, that whenever he deals with it ho • be in a position to avail himself of facilities afforded by having a. Registercc* Title, can do so Without Any Present Cost, by allowing the fees to remain, unpaid until Btich dealing' takes place. He will then be in a position to Mortgage, Transfer, Lease, or otherwise deal with his land at a moment's notice., -r. Any Title, however long and complex,, may be investigated at a cost 'to tho Applicant of only Fivo Shillings ; for if tbe Title is reected all fees are returned, with the exceptior oi that amount. CERTIFICATES OP TITLE ARE AR2OLUTELY INDEFEASIBLE. ALL TITLES ARE GUARANTEED BY ; . THE GUVERNMENT. On- all Conveyances by Deed undei 1 the old system, the cost of registration in the Deeds Registry, over aud above Uie Solicitor's charge, is never less than Fifteen ..{Shillings, frequently very much more ; while land which has been bought uuder tho provisions of " The Land Transfer Act" can bo transferred at a total cost of Eleven Shillings where a whole sejtion is conveyed; and where only, part is conveyed (and therefore a fresh Certificate of Titlo is necessitated), of Thirity-que&hillings, which is the 'highest sum allbwed by the Act, uo matter what ihe value or area of the land. Under the Regulations in ioree on and alter tho Ist January, 187^ the eliargo for Certificates of -Titles issued upon.- -.Vjemoranda of Transfer is reduced to Ten 7 Shillings in' all cooes whero the value of the land is under Teii Pounds. ' j The total cost, of executing a mortgage or lease of land, registered uinler the Act-, is Twtelvo Shillings, no. mattei' -what the amount 1 invjblved. A mortgage may be transferred ,or discharged, or a lease transferred or surrendered I lor l-'ive Shillings. TJIESE OPERATIONS INVOLVE NO ' DELAY. Thefollowing aro somo of tho adnntifes {Milorred by tho Land Transfer system :- ° 1. lit sccijres the principal benefits and advantages sought to bo attyiued iv a J ( ejsteui of registration of deeds. 241t renders retrospective investigation ol title unnecessary as to all laud re , gistered. S, lt simplifies the Titl.es to Real Propeitj : for tho future, 4. It makes purchasers of the fee am leaseß perfectly secure. E>. It. simplifies, to tho utmost possib'l citeiit, the forms of traiisler and th modes of conveyance. '' G. It increases tho suleablo"vttluo of lond. 7. It tends to lower the rate ol interest o loans secured on lands; 8. It gives iacilities ior the sale of lim fbtates in allotments. 9. Transactions can be effected at moment's notice, and at a minium of cost. 10. Frauds in tbe purchase nnd sale of lar )r are fHeclualiy prevented, beoause tl Certificate oi Title in the posses* iou -l' the eiidov sJicwa Lite exact conditi! it ol the t-btate, i.e., if the-c-State be niui Hi gaged, encumbered, or leased. Aiern )> ru..-aa disclosing the particulars ol ai ■y suen tront-actione uLccting tho cstu jp urc nt ten upwi ihe i ertiJiwue ■a v •
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Bibliographic details
Inangahua Times, Volume IV, Issue 93, 9 November 1877, Page 4
Word Count
959Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 93, 9 November 1877, Page 4
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