Page 18 Advertisements Column 1

New Zealand Mail, Issue 54, 3 February 1872, Page 18

LAND TRANSFER ACT. LANDS ALIENATED or contracted to be alienated from the Crown in fee, prior to the coming into operation of “The Land 'Transfer Act, 1870,” may be brought under ' the provisions of the Act by application from ■the persons entitled thereto. All Lands alienated fiom the Crown after Mthe coming into operation of “The Land Transfer Act, 1870,” are subject to, and must vbe dealt with in manner prescribed by the Act. The following are examples of the fees payable for bringing land under the provisions of the Land Transfer Act: 1. When the Title consists of a Grant, stated on or subsequent to the 28fch December, 1861, none of the land included in which has be©a dealt with— * ■ £ b. d. Where the Certificate of Title is directed to issue in the name of the Applicant: Value of land £IOO ... 011 2 Where the Certificate of Title is directed to issue in the name of the Purchaser : Value of land £IOO ... 111 2 These charges are increased by 4s 2d (As- , surance Fund) for every additional £IOO m value. . . . 2. When the applicant is the original ; grantee, and the land has been dealt with ; or where the applicant is not the original grantee — Where the value of the land is £IOO Where the value of the land is £2OO Where the value of the land is £3OO ''Where the value of the laud is £4OO ... £ s. d. 2 14 2 3 3 4 3 12 6 4 18 Phere the value of the land is above £4OO fees increase at the rate of 4s 2d (Assu:e Fund) for every additional £IOO in heee charges also represent the cost of reving land, inasmuch as applicants to ig land under the Act can direct the Cerates of Title to issue in the names ot any jr persons. redit for fees is given when desired by the icant, in all cases where the proprietor ies to have the land registered under Act in his own name, and the fees may ain unpaid until the land is dealt with. ny person, therefore, who wishes to bring and under the provisions of the Act, in :r that whenever he deals with it he may a a position to avail himself of the faciliafforded by having a Registered Title, can o without any present cost, by allowing the to remain unpaid, until such dealing takes e. He will then be in a position to mortj, transfer, lease, or otherwise deal with land at a moment’s notice. ny title, however long and complex, may avestigated at a cost to the applicant ot 5s for if the title is rejected, all fees are rued, with the exception of that amount. tTIFICATES OF TITLE ARE ABSOLUTELY INDEFEASIBLE. nder the old system of conveyancing, jingle deed is lost, the title is in many 3 -endered absolutely defective, and, thereunmarketable, while in others it can only sctified at great cost. Persons who bring p land under the Act, surrender all their Is and receive in exchange a Certificate itle a duplicate of which is retained m office. If the certificate in the possession ,he registered proprietor is at any time or destroyed by fire, &c, a new certificate ipplied by the Registrar at a small cost. . ALL TITLES ARE GUARANTEED BY THE GOVERNMENT. On all Conveyances by Deed under the old system,-the cost of Registration m the Deeds Registry, over and above the Solicitor s charge, is never less than 15s, frequently very much • more ; while land which has been brought under the provisions of the Land Transfer Act can be transferred at a total cost of 11s where a whole section is conveyed ; and where . only part is conveyed (and therefore a Fresh Certificate of Title necessitated), of 31s which is the highest sum allowed by the Act, no . matter what the value or area of Hie land. (.Under the regulations in force on and after s