ADVANCES TO SETTLERS.

Dominion, Volume 1, Issue 216, 5 June 1908, Page 3

ADVANCES TO SETTLERS.

MORTGAGE COSTS AND FEES. NEW SCALE GAZETTED. An Order-in-Council, gazetted this week, provides that the scale of costs and fees under the-Government Advances to Settlers Act ; 1906, shall be substituted-, by the following : — , • LAND TRANSFER ACT, ISBS. £ s. d. Law-costs of perusing title, preparing, completing, and registering mortgage, including cash disbursements (to bo deducted from the advance ... ...- ... 0 5 0 DEEDS REGISTRATON ACT, 1868. / . . £ s. d. Law-costs of perusing title, prepar- ; ing, completing, and registering mortgage: — If the advancei does not exceed £150 ' ... 018 0 Exceeding £150 but not exceed- , ing £250 ... 1 0 6 Exceeding £250 but not exceeding £500 ... ... 1 5 0 ' Exceeding £500 but not exceeding £750 ... ... 1 13 0 Exceeding £750 but not exceeding £1000 2 3 0 Exceeding £1000 but not exceeding £1500 ... ... ■ ... 213 0 Exceeding £1500 but not exceed-' . ing £2000 ' ..." 313 0 Exceeding £2000 but not exceeding £3000 • ... • 413 0' In addition to the above, all. cash disbursements, and also tho following foes:— £ s. d. Fee chargcablo by solicitor not. residing in registration centre for employing agent to register mortgage 0 5 0 Solicitor's charge for obtaining Land Board's consent to mortgage of loasohold land, — If advance docs not oxceed £250 ...0 2 0 Exceeding £250 0 5 0 Fee for partial or total discharge of mortgage ... 0 5 0 Fee for execution of consent by superintendent to any document _ 0 5 0 Fee for production of title-deeds by the superintendent ... 0 5 0 The costs, charges, and fees shall in each caso be deducted from tho advance.